FURP.ORG / PUBLIC DATA EXPLORER

PACE UNIVERSITY: Form 990, tax year 2013

View the entire original 990 at ProPublica ↗

Organization
PACE UNIVERSITY (EIN 13-5562314)
Tax period
2013-07-01 to 2014-06-30
Filed
2015-03-26
IRS object ID
201510859349300331
Schema version
2013v4.0
Source
Download XML · Original 990 at ProPublica

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

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2015-03-26T14:11:28-05:00ReturnTs
Tax Period End2014-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1PRICEWATERHOUSECOOPERS LLPBusinessNameLine1

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1300 MADISON AVENUEAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code10017ZIPCode
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2013-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN135562314EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1PACE UNIVERSITYBusinessNameLine1
FieldValueIRS element (for citing)
In Care Of% ROBERT C ALMONInCareOfNm
Business Name ControlPACEBusinessNameControlTxt
Phone2123461227PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1ONE PACE PLAZAAddressLine1
Address Line2SuiteAddressLine2
CityNEW YORKCity
StateNYState
ZIP Code100381598ZIPCode

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonANGELIQUE M DIAZPersonNm
Person TitleASSISTANT CONTROLLERPersonTitleTxt
Phone9149232379PhoneNum
Signature2015-03-26SignatureDt
FieldValueIRS element (for citing)
Tax2013TaxYr
Build TS2016-03-07 17:11:31ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerSTEPHEN J FRIEDMANPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1ONE PACE PLAZAAddressLine1
CityNEW YORKCity
StateNYState
ZIP Code100381598ZIPCode
FieldValueIRS element (for citing)
Gross Receipts$603,749,050GrossReceiptsAmt
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 Body30VotingMembersGoverningBodyCnt
Voting Members Independent27VotingMembersIndependentCnt
Total Employee5622TotalEmployeeCnt
Total Volunteers119TotalVolunteersCnt
Total Gross UBI-$8,031TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm-$36,781NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$16,573,280PYContributionsGrantsAmt
CY Contributions Grants$16,475,558CYContributionsGrantsAmt
PY Program Service Revenue$430,413,585PYProgramServiceRevenueAmt
CY Program Service Revenue$444,839,836CYProgramServiceRevenueAmt
PY Investment Income$3,521,354PYInvestmentIncomeAmt
CY Investment Income$28,822,291CYInvestmentIncomeAmt
PY Other Revenue$5,731,597PYOtherRevenueAmt
CY Other Revenue$2,850,619CYOtherRevenueAmt
PY Total Revenue$456,239,816PYTotalRevenueAmt
CY Total Revenue$492,988,304CYTotalRevenueAmt
PY Grants And Similar Paid$130,396,880PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$136,727,532CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$192,428,239PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$203,866,468CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$502,875PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$273,031CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$5,553,222CYTotalFundraisingExpenseAmt
PY Other Expenses$126,330,536PYOtherExpensesAmt
CY Other Expenses$125,508,517CYOtherExpensesAmt
PY Total Expenses$449,658,530PYTotalExpensesAmt
CY Total Expenses$466,375,548CYTotalExpensesAmt
PY Revenues Less Expenses$6,581,286PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$26,612,756CYRevenuesLessExpensesAmt
Total Assets BOY$477,836,641TotalAssetsBOYAmt
Total Assets EOY$593,137,972TotalAssetsEOYAmt
Total Liabilities BOY$317,016,848TotalLiabilitiesBOYAmt
Total Liabilities EOY$408,784,234TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$160,819,793NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$184,353,738NetAssetsOrFundBalancesEOYAmt
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$123,317,436ExpenseAmt
Revenue$374,578,828RevenueAmt
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$136,727,532ExpenseAmt
Grant$136,727,532GrantAmt
Revenue$3,864,474RevenueAmt
DescSCHOLARSHIPS - TO PROVIDE STUDENTS WITH ACADEMIC AND/OR NEED-BASED TUITION ASSISTANCE.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$54,606,406ExpenseAmt
Revenue$53,474,811RevenueAmt
DescAUXILIARIES - TO MEET NON-INSTRUCTIONAL NEEDS OF STUDENTS SUCH AS DORMS AND CAFETERIA SERVICES.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (3 entries)

ExpenseExpenseAmtRevenueRevenueAmtDescDesc
$46,449,395$5,829,148ACADEMIC SUPPORT
$41,965,940$5,512,133STUDENT SERVICES
$4,429,431$1,580,442RESEARCH
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$92,844,766TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Revenue$12,921,723TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$407,496,140TotalProgramServiceExpensesAmt
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 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 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
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
IRP Document402IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee5622EmployeeCnt
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 Members30GoverningBodyVotingMembersCnt
Independent Voting Member27IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsYes (true)ChangeToOrgDocumentsInd
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 Line1PACE UNIVERSITY235 ELM ROADAddressLine1
CityBRIARCLIFF MANORCity
StateNYState
ZIP Code10510ZIPCode
FieldValueIRS element (for citing)
Info In Schedule O Part VIIYes (X)InfoInScheduleOPartVIIInd

Form990 Part VII Section A Form990PartVIISectionAGrp (55 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
MARK M BESCA
TRUSTEE1.0Yes (X)$0$0$0
ANIELLO A BIANCO
TRUSTEE1.0Yes (X)$0$0
PHILIP F BLESER
TRUSTEE1.0Yes (X)$0$0
CHRISTOPHER A EDWARDS
TRUSTEE1.0Yes (X)$0$0
JOHN A GERSON
TRUSTEE1.0Yes (X)$0$0
CYNTHIA GREER GOLDSTEIN
TRUSTEE1.0Yes (X)$0$0
BARRY M GOSIN
TRUSTEE1.0Yes (X)$0$0
BRIDGET-ANNE HAMPDEN
TRUSTEE1.0Yes (X)$0$0
JAMES E HEALEY
TRUSTEE1.0Yes (X)$0$0
CHARLES N JORDAN JR
TRUSTEE1.0Yes (X)$0$0
SURESH MUNSHANI
TRUSTEE1.0Yes (X)$0$0
EDWARD F MURPHY
TRUSTEE1.0Yes (X)$0$0
JOHN T O'CONNOR
TRUSTEE1.0Yes (X)$0$0
MICHAEL O'REILLY
TRUSTEE1.0Yes (X)$0$0
DAVID J PECKER
TRUSTEE1.0Yes (X)$0$0
BARBARA ANN PORCEDDU
TRUSTEE1.0Yes (X)$0$0
THOMAS J QUINLAN
TRUSTEE1.0Yes (X)$0$0
CAROL RAPHAEL
TRUSTEE1.0Yes (X)$0$0
JACK J RIBEIRO
TRUSTEE1.0Yes (X)$0$0
JOSEPH F RYAN
TRUSTEE, FT FACULTY MEMBER1.0Yes (X)$206,145$59,463
JACK L SALZMAN
TRUSTEE1.0Yes (X)$0$0
IVAN G SEIDENBERG
TRUSTEE1.0Yes (X)$0$0
MARIE J TOULANTIS
TRUSTEE1.0Yes (X)$0$0
RICHARD F ZANNINO
TRUSTEE1.0Yes (X)$0$0
SUSAN S WALLACH
TRUSTEE1.0Yes (X)$0$0
NANCY A GARVEY PHD
TRUSTEE1.0Yes (X)$0$0
JOSEPH IANNIELLO
TRUSTEE1.0Yes (X)$0$0
PHOTEINE M ANAGNOSTOPOULOS
TRUSTEE1.0Yes (X)$0$0
STEPHEN J FRIEDMAN
PRESIDENT40.0Yes (X)$642,864$43,939Yes (X)
HAROLD O LEVY
TRUSTEE1.0Yes (X)$0$00.0
ROBERT C ALMON
EVP AND CFO40.0$255,146$25,961Yes (X)
UDAY SUKHATME
PROVOST & EVP ACADEMIC AFFAIRS40.0$374,350$37,337Yes (X)
STEPHEN BRODSKY
CORP SECRETARY & LEGAL COUNSEL40.0$208,280$50,374Yes (X)
ELIZABETH GARTI
ASSOCIATE VP FOR HR40.0$155,972$15,452Yes (X)
THOMAS A HULL
VP, INFORMATION TECHNOLOGY40.0$190,621$41,370Yes (X)
ROBERT GM KEATING
VP, STRATEGIC INITIATIVES40.0$226,232$25,156Yes (X)
WILLIAM MCGRATH
SVP AND CAO40.0$292,266$29,219Yes (X)
JENNIFER BERNSTEIN
VICE PRESIDENT FOR DEVELOPMENT40.0$202,610$52,641Yes (X)
MATTEO RENNA
ASSOCIATE VP FOR HR40.0$154,751$44,680Yes (X)
ROBINA C SCHEPP
VICE PRESIDENT FOR ENROLLMENT40.0$246,623$25,201Yes (X)
TOBY R WINER
EVP AND CFO40.0$253,692$25,019Yes (X)
THOMAS M BRADY
TREASURER40.0$165,610$17,166Yes (X)
FREDERICA N WALD
VP AND CHIEF MARKETING OFFICER40.0$198,368$16,832Yes (X)
CHRISTOPHER V ELARDE
INTERIM CIO40.0$132,433$35,961Yes (X)
NEAL S BRAUN
DEAN, LUBIN SCHOOL OF BUSINESS40.0$335,432$36,492Yes (X)
HARRIET R FELDMAN
DEAN, COLLEGE OF HEALTH PROFS40.0$267,189$28,281Yes (X)
NIRA HERRMANN
DEAN, DYSON COLLEGE40.0$307,446$27,711Yes (X)
ANDREA M SPENCER
DEAN, SCHOOL OF EDUCATION40.0$185,499$36,383Yes (X)
MICHELLE S SIMON
DEAN, SCHOOL OF LAW40.0$400,371$36,608Yes (X)
AMAR GUPTA
DEAN, SEIDENBERG SCHOOL40.0$348,695$55,685Yes (X)
JOHN NOLON
PROFESSOR, LAW SCHOOL40.0$272,983$67,428Yes (X)
BERNARD H NEWMAN
PROFESSOR, LUBIN SCHOOL40.0$358,915$21,948Yes (X)
CHARLES D MASIELLO
PROFESSOR, DYSON COLLEGE40.0$297,045$34,169Yes (X)
LILLIE M SHORTRIDGE-BAGGETT
PROFESSOR, LIENHARD SCHOOL40.0$268,115$19,876Yes (X)
MICHAEL SZENBERG
PROFESSOR, LUBIN SCHOOL40.0$429,301$19,228Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$7,376,954TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$929,580TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K387IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1CityContractorAddress/USAddress/CityStateContractorAddress/USAddress/StateZIP CodeContractorAddress/USAddress/ZIPCodeServicesServicesDescCompensationCompensationAmt
ABM JANITORIAL SVCS NORTHEAST INC
551 Fifth Avenue Suite 300NEW YORKNY10176CLEANING SERVICES$9,108,846
EINHORN YAFFE PRESCOTT AE PC
257 FULLER ROAD 1ST FLOORALBANYNY12203ARCHITECTURE SERVICE$2,494,487
WINFIELD SECURITY CORP
57 WEST 38TH STREETNEW YORKNY10018SECURITY SERVICES$5,644,797
KIRCHOFF-CONSIGLI CONSTRUCTION MGMT
199 WEST ROAD SUITE 100PLEASANT VALLEYNY12569CONSTRUCTION SERVICE$2,492,417
CHARTWELLS DINING SERVICE
303 CROSSWAYS PARK DRIVEWOODBURYNY11797FOOD SERVICES$10,571,597
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K150CntrctRcvdGreaterThan100KCnt
Info In Schedule O Part VIIIYes (X)InfoInScheduleOPartVIIIInd
Fundraising$1,104,644FundraisingAmt
Government Grants$7,721,458GovernmentGrantsAmt
All Other Contributions$7,649,456AllOtherContributionsAmt
Noncash Contributions$1,363,962NoncashContributionsAmt
Total Contributions$16,475,558TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITION AND FEES900099$387,487,983$387,487,983
DORMITORY RENTALS900099$43,807,000$43,807,000
FOOD SERVICE REVENUE900099$9,644,231$9,644,231
ACADEMIC ACTIVITIES900099$3,286,798$3,286,798
BOOKSTORE COMMISSIONS900099$350,000$350,000

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$263,824TotalRevenueColumnAmt
Related Or Exempt Func Income$263,824RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$444,839,836TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,198,263TotalRevenueColumnAmt
Unrelated Business Revenue-$8,031UnrelatedBusinessRevenueAmt
Exclusion$2,206,294ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$74,785TotalRevenueColumnAmt
Exclusion-$74,785ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$70,000TotalRevenueColumnAmt
Exclusion$70,000ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$2,238,662RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$2,228,412RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$10,250RealAmt
Personal$0PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$10,250TotalRevenueColumnAmt
Exclusion$10,250ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$134,647,961SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$107,949,148SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$26,698,813SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$26,698,813TotalRevenueColumnAmt
Exclusion$26,698,813ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$280,291FundraisingGrossIncomeAmt
Fundraising Direct Expenses$583,186FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$302,895TotalRevenueColumnAmt
Exclusion-$302,895ExclusionAmt

Net Income From Gaming NetIncomeFromGamingGrp

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

Net Income Or Loss NetIncomeOrLossGrp

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

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtExclusionExclusionAmt
NON-PROGRAM REVENUE900099$2,415,528$2,415,528
INVESTMENTS IN FUNDS HELD BY TRUSTEE900099$2,618$2,618
ATHLETIC MEMBERSHIP900099$655,118$655,118
FieldValueIRS element (for citing)
Other Revenue Total$3,073,264OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$492,988,304TotalRevenueColumnAmt
Related Or Exempt Func Income$444,839,836RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue-$8,031UnrelatedBusinessRevenueAmt
Exclusion$31,680,941ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$136,727,532TotalAmt
Program Services$136,727,532ProgramServicesAmt

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$6,420,118TotalAmt
Program Services$2,661,749ProgramServicesAmt
Management And General$3,356,332ManagementAndGeneralAmt
Fundraising$402,037FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$144,478,065TotalAmt
Program Services$121,250,742ProgramServicesAmt
Management And General$20,503,445ManagementAndGeneralAmt
Fundraising$2,723,878FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$9,970,040TotalAmt
Program Services$8,367,186ProgramServicesAmt
Management And General$1,414,887ManagementAndGeneralAmt
Fundraising$187,967FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$32,554,539TotalAmt
Program Services$27,320,840ProgramServicesAmt
Management And General$4,619,941ManagementAndGeneralAmt
Fundraising$613,758FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$10,443,706TotalAmt
Program Services$8,596,590ProgramServicesAmt
Management And General$1,633,018ManagementAndGeneralAmt
Fundraising$214,098FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$582,110TotalAmt
Program Services$26,361ProgramServicesAmt
Management And General$553,049ManagementAndGeneralAmt
Fundraising$2,700FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$297,929TotalAmt
Management And General$297,929ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$273,031TotalAmt
Fundraising$273,031FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$602,174TotalAmt
Management And General$602,174ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$8,498,886TotalAmt
Program Services$5,633,571ProgramServicesAmt
Management And General$2,633,726ManagementAndGeneralAmt
Fundraising$231,589FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$4,421,109TotalAmt
Program Services$3,626,824ProgramServicesAmt
Management And General$511,881ManagementAndGeneralAmt
Fundraising$282,404FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$10,562,775TotalAmt
Program Services$6,444,504ProgramServicesAmt
Management And General$3,934,324ManagementAndGeneralAmt
Fundraising$183,947FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$2,657,040TotalAmt
Program Services$764,227ProgramServicesAmt
Management And General$1,788,109ManagementAndGeneralAmt
Fundraising$104,704FundraisingAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$56,230,526TotalAmt
Program Services$48,472,839ProgramServicesAmt
Management And General$7,757,687ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$5,367,704TotalAmt
Program Services$4,664,836ProgramServicesAmt
Management And General$483,989ManagementAndGeneralAmt
Fundraising$218,879FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$723,382TotalAmt
Program Services$532,526ProgramServicesAmt
Management And General$177,582ManagementAndGeneralAmt
Fundraising$13,274FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$4,258,972TotalAmt
Program Services$3,928,639ProgramServicesAmt
Management And General$330,333ManagementAndGeneralAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$11,997,804TotalAmt
Program Services$10,835,119ProgramServicesAmt
Management And General$1,162,685ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$1,103,934TotalAmt
Program Services$691,684ProgramServicesAmt
Management And General$407,250ManagementAndGeneralAmt
Fundraising$5,000FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
MEALS COSTS&STUDENT ACTIVITY$10,269,600$9,630,030$568,791$70,779
LIBRARY BOOK PURCHASES$2,108,978$2,091,974$17,004$0
EQUIPMENT REPAIR SERVICE EXP$2,835,103$2,371,014$464,089$0
MISC EXPENSES$2,990,491$2,857,353$107,961$25,177

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$466,375,548TotalAmt
Program Services$407,496,140ProgramServicesAmt
Management And General$53,326,186ManagementAndGeneralAmt
Fundraising$5,553,222FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

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

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$18,421,002BOYAmt
EOY$11,183,992EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$11,845,608BOYAmt
EOY$10,604,842EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$9,044,833BOYAmt
EOY$9,097,049EOYAmt

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$13,146,825BOYAmt
EOY$12,882,717EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$41,621BOYAmt
EOY$41,621EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$4,814,525BOYAmt
EOY$6,649,708EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$446,370,755LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$164,723,268LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$269,309,259BOYAmt
EOY$281,647,487EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$121,910,971BOYAmt
EOY$73,236,910EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$17,960,243BOYAmt
EOY$86,559,341EOYAmt

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$11,341,754BOYAmt
EOY$101,234,305EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$477,836,641BOYAmt
EOY$593,137,972EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$36,756,619BOYAmt
EOY$46,078,534EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$12,725,794BOYAmt
EOY$12,841,700EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$13,764,323BOYAmt
EOY$18,312,485EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$104,869,721BOYAmt
EOY$201,469,455EOYAmt

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$53,670,000BOYAmt
EOY$34,130,000EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

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

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$95,230,391BOYAmt
EOY$95,952,060EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$317,016,848BOYAmt
EOY$408,784,234EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$8,864,584BOYAmt
EOY$9,942,479EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$74,961,052BOYAmt
EOY$95,910,910EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$76,994,157BOYAmt
EOY$78,500,349EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$160,819,793BOYAmt
EOY$184,353,738EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$477,836,641BOYAmt
EOY$593,137,972EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$26,612,756ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$3,193,137NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$114,326OtherChangesInNetAssetsAmt
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

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

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$3,470DirectContactLegislatorsAmt
Rallies DemonstrationsfalseRalliesDemonstrationsInd
Other ActivitiesYes (true)OtherActivitiesInd
Other Activities$1,764OtherActivitiesAmt
Total Lobbying Expenditures$5,234TotalLobbyingExpendituresAmt
Not Described Section501c3falseNotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE C, PART II-B, QUESTIONS 1(B),1(G)LOBBYING 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, QUESTION 1(I)UNIVERSITY 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)
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$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
Administrative Expenses$0AdministrativeExpensesAmt
End Year Balance$157,282,075EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$121,762,155BeginningYearBalanceAmt
Contributions$2,427,072ContributionsAmt
Investment Earnings Or Losses$16,795,741InvestmentEarningsOrLossesAmt
Grants Or Scholarships$1,986,567GrantsOrScholarshipsAmt
Other Expenditures$1,364,127OtherExpendituresAmt
Administrative Expenses$0AdministrativeExpensesAmt
End Year Balance$137,634,274EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$124,108,887BeginningYearBalanceAmt
Contributions$2,493,401ContributionsAmt
Investment Earnings Or Losses-$1,963,147InvestmentEarningsOrLossesAmt
Grants Or Scholarships$1,296,268GrantsOrScholarshipsAmt
Other Expenditures$1,580,718OtherExpendituresAmt
Administrative Expenses$0AdministrativeExpensesAmt
End Year Balance$121,762,155EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$102,527,976BeginningYearBalanceAmt
Contributions$3,441,952ContributionsAmt
Investment Earnings Or Losses$20,903,392InvestmentEarningsOrLossesAmt
Grants Or Scholarships$1,502,690GrantsOrScholarshipsAmt
Other Expenditures$1,261,743OtherExpendituresAmt
Administrative Expenses$0AdministrativeExpensesAmt
End Year Balance$124,108,887EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$92,989,794BeginningYearBalanceAmt
Contributions$3,605,979ContributionsAmt
Investment Earnings Or Losses$8,484,805InvestmentEarningsOrLossesAmt
Grants Or Scholarships$1,141,470GrantsOrScholarshipsAmt
Other Expenditures$1,411,132OtherExpendituresAmt
Administrative Expenses$0AdministrativeExpensesAmt
End Year Balance$102,527,976EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.06000BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.47000PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.47000TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgfalseEndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$12,659,093OtherCostOrOtherBasisAmt
Book Value$12,659,093BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$323,990,844OtherCostOrOtherBasisAmt
Depreciation$102,171,154DepreciationAmt
Book Value$221,819,690BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$30,802,557OtherCostOrOtherBasisAmt
Depreciation$13,843,915DepreciationAmt
Book Value$16,958,642BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$77,868,041OtherCostOrOtherBasisAmt
Depreciation$48,708,199DepreciationAmt
Book Value$29,159,842BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,050,220OtherCostOrOtherBasisAmt
Book Value$1,050,220BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$281,647,487TotalBookValueLandBuildingsAmt
Financial DerivativesFinancialDerivativesGrp
Closely Held Equity InterestsCloselyHeldEquityInterestsGrp

Other Securities OtherSecuritiesGrp (6 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
COMMINGLED FUNDS$28,381,471F
ALT INVESTMENTS - DIVERSIFIERS$11,818,737F
ALT INVESTMENTS - GLOBAL EQU$10,502,939F
ALT INVESTMENTS - INFLATION SE$4,120,344F
ALT INVESTMENTS - LONG/SHORT$17,597,950F
ALT INVESTMENTS - LLP, LLC$14,137,900F
FieldValueIRS element (for citing)
Total Book Value Securities$86,559,341TotalBookValueSecuritiesAmt

Other Assets Org OtherAssetsOrgGrp

FieldValueIRS element (for citing)
DescFUNDS HELD BY BOND TRUSTEESDesc
Book Value$101,234,305BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Other Assets$101,234,305TotalBookValueOtherAssetsAmt
Federal Income Tax Liability$0FederalIncomeTaxLiabilityAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDescAmtAmt
DEFERRED RENTAL REVENUE$5,665,178
ACCRUED POSTRETIRE. BEN. OBLG.$86,837,887
ASSET RETIREMENT OBLIGATION$3,448,995
FieldValueIRS element (for citing)
Total Liability$95,952,060TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$355,391,385TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$3,193,137NetUnrealizedGainsInvstAmt
Other Revenue$114,326OtherRevenueAmt
Revenue Not Reported-$3,078,811RevenueNotReportedAmt
Revenue Subtotal$358,470,196RevenueSubtotalAmt
Investment Expenses Not Incld$602,174InvestmentExpensesNotIncldAmt
Other Revenues Not Included$133,915,934OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$134,518,108RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$492,988,304TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$331,857,440TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$2,811,598OtherExpensesIncludedAmt
Expenses Not Reported$2,811,598ExpensesNotReportedAmt
Expenses Subtotal$329,045,842ExpensesSubtotalAmt
Investment Expenses Not Incld2$602,174InvestmentExpensesNotIncld2Amt
Other Expenses Not Included$136,727,532OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$137,329,706ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$466,375,548TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE D, PART III, QUESTIONS 1A AND 4PACE 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, QUESTION 4The University's endowment consists of approximately 392 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 X, LINE 2Based on our review of the University's activities and the tax advice received from PwC, we do not believe there are any uncertainties that would require a tax accrual at June 30, 2014.
SCHEDULE D, PART XI, LINE 2DDESCRIPTION AMOUNT CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS $ 114,326
SCHEDULE D, PART XI, LINE 4BDESCRIPTION AMOUNT SCHOLARSHIPS $136,727,532 RENT EXPENSES -$2,228,412 SPECIAL EVENTS EXPENSE -$583,186 _____________ $133,915,934
SCHEDULE D, PART XII, LINE 2DDESCRIPTION AMOUNT RENT EXPENSE $2,228,412 SPECIAL EVENTS EXPENSE $ 583,186 ____________ $2,811,598
SCHEDULE D, PART XII, LINE 4BDESCRIPTION AMOUNT SCHOLARSHIPS $136,727,532

Schedule E IRS990ScheduleE

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

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, PART I, QUESTION 3THE 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, QUESTION 6ATHE 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 (7 entries)

RegionRegionTxtEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
Europe (Including Iceland and Greenland)7Program ServicesTRAVEL COURSES$34,096
South America6Program ServicesTRAVEL COURSES$9,265
East Asia and the Pacific5Program ServicesTRAVEL COURSES$39,633
East Asia and the Pacific4Fundraising$90,281
Europe (Including Iceland and Greenland)Program ServicesSTUDENT RECRUITMENT$5,269
Europe (Including Iceland and Greenland)1Program ServicesCONFERENCES, OTHER$2,106
East Asia and the PacificProgram ServicesSTUDENT RECRUITMENT$2,700
FieldValueIRS element (for citing)
Subtotal Employees23SubtotalEmployeesCnt
Total Employee23TotalEmployeeCnt
Subtotal Spent$183,350SubtotalSpentAmt
Total Spent$183,350TotalSpentAmt
Transfer To Foreign CorpYes (true)TransferToForeignCorpInd
Interest In Foreign TrustfalseInterestInForeignTrustInd
Foreign Corp OwnershipYes (true)ForeignCorpOwnershipInd
Passive Foreign Investmest CoYes (true)PassiveForeignInvestmestCoInd
Foreign PartnershipfalseForeignPartnershipInd
Boycott CountriesfalseBoycottCountriesInd

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 (3 entries)

ActivityActivityTxtFundraiser Control Of FundsFundraiserControlOfFundsIndGross ReceiptsGrossReceiptsAmtRetained By ContractorRetainedByContractorAmtNet To OrganizationNetToOrganizationAmt
TELECOMP TELEFUNDRAISING
Tele- fundraisingfalse$234,923$205,096$29,827
HOSPITALITY RESOURCE GROUP SPECIAL
STRATEGY & EXECUTIONYes (true)$272,408$38,000$234,408
RUFFALO CODY LLC CONSULTING MARKE
Tele- Fundraisingfalse$63,568$29,935$33,633
FieldValueIRS element (for citing)
Total Gross Receipts$570,899TotalGrossReceiptsAmt
Total Retained By Contractors$273,031TotalRetainedByContractorsAmt
Total Net To Organization$297,868TotalNetToOrganizationAmt
Licensed StatesNYLicensedStatesCd

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Name Of Event1SOPA DINNERNameOfEvent1Amt
Gross Receipts Event1$582,141GrossReceiptsEvent1Amt
Charitable Contri Event1$518,755CharitableContriEvent1Amt
Gross Revenue Event1$63,386GrossRevenueEvent1Amt
Non Cash Prizes Event1$5,377NonCashPrizesEvent1Amt
Rent Facility Costs Event1$162,656RentFacilityCostsEvent1Amt
Entertainment Event1$23,135EntertainmentEvent1Amt
Other Direct Expenses Event1$124,063OtherDirectExpensesEvent1Amt
Name Of Event2PWJC DINNERNameOfEvent2Amt
Gross Receipts Event2$222,320GrossReceiptsEvent2Amt
Charitable Contri Event2$153,163CharitableContriEvent2Amt
Gross Revenue Event2$69,157GrossRevenueEvent2Amt
Non Cash Prizes Event2$4,178NonCashPrizesEvent2Amt
Rent Facility Costs Event2$1,400RentFacilityCostsEvent2Amt
Food And Beverage Event2$38,299FoodAndBeverageEvent2Amt
Other Direct Expenses Event2$20,147OtherDirectExpensesEvent2Amt
Other Events Total8OtherEventsTotalCnt
Gross Receipts Other Events$580,474GrossReceiptsOtherEventsAmt
Charitable Contri Other Events$432,726CharitableContriOtherEventsAmt
Gross Revenue Other Events$147,748GrossRevenueOtherEventsAmt
Non Cash Prizes Other Events$8,663NonCashPrizesOtherEventsAmt
Rent Fclty Costs Other Events$25,700RentFcltyCostsOtherEventsAmt
Food And Beverage Other Events$93,749FoodAndBeverageOtherEventsAmt
Oth Direct Expnss Other Events$75,819OthDirectExpnssOtherEventsAmt
Gross Receipts Total$1,384,935GrossReceiptsTotalAmt
Charitable Contributions Tot$1,104,644CharitableContributionsTotAmt
Gross Revenue Total Events$280,291GrossRevenueTotalEventsAmt
Non Cash Prizes Total Events$18,218NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events$189,756RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$132,048FoodAndBeverageTotalEventsAmt
Entertainment Total Events$23,135EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$220,029OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$583,186DirectExpenseSummaryEventsAmt
Net Income Summary-$302,895NetIncomeSummaryAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule G, Part I, Line 2b (iii)FormAndLineReferenceDesc
ExplanationHospitality Resource Group (HRG) receives gifts by mail (checks and credit card authorizations) directly for Pace University events from various donors. HRG overnights the checks and authorizations within three business days to the university's gift lockbox for deposit or charge (in the case of credit card authorizations).ExplanationTxt

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
Recipient8601RecipientCnt
Non Cash Assistance$136,727,532NonCashAssistanceAmt
Valuation Method UsedBOOKValuationMethodUsedDesc
Non Cash AssistanceTUITION REDUNonCashAssistanceDesc

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE I, PART I, LINE 2FormAndLineReferenceDesc
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
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 PaymentYes (true)SeverancePaymentInd
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 (27 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtBonus Filing OrganizationBonusFilingOrganizationAmountOther Compensation Filing OrgOtherCompensationFilingOrgAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmt
JOSEPH F RYAN
TRUSTEE, FT FACULTY MEMBER$205,749$0$396$43,953$15,510$265,608
ROBERT C ALMON
EVP AND CFO$242,000$0$13,146$22,860$3,101$281,107
UDAY SUKHATME
PROVOST & EVP ACADEMIC AFFAIRS$373,342$0$1,008$22,950$14,387$411,687
STEPHEN BRODSKY
CORP SECRETARY & LEGAL COUNSEL$208,277$0$3$26,014$24,360$258,654
STEPHEN J FRIEDMAN
PRESIDENT$533,577$100,000$9,287$22,950$20,989$686,803
ELIZABETH GARTI
ASSOCIATE VP FOR HR$148,388$0$7,584$11,221$4,231$171,424
THOMAS A HULL
VP, INFORMATION TECHNOLOGY$190,507$0$114$16,998$24,372$231,991
ROBERT GM KEATING
VP, STRATEGIC INITIATIVES$221,246$0$4,986$20,082$5,074$251,388
WILLIAM MCGRATH
SVP AND CAO$291,252$0$1,014$22,950$6,269$321,485
JENNIFER BERNSTEIN
VICE PRESIDENT FOR DEVELOPMENT$202,550$0$60$19,280$33,361$255,251
MATTEO RENNA
ASSOCIATE VP FOR HR$154,511$0$240$12,748$31,932$199,431
ROBINA C SCHEPP
VICE PRESIDENT FOR ENROLLMENT$246,359$0$264$22,172$3,029$271,824
TOBY R WINER
EVP AND CFO$221,867$0$31,825$22,500$2,519$278,711
THOMAS M BRADY
TREASURER$164,800$0$810$14,832$2,334$182,776
FREDERICA N WALD
VP AND CHIEF MARKETING OFFICER$198,104$0$264$4,500$12,332$215,200
CHRISTOPHER V ELARDE
INTERIM CIO$132,433$0$12,844$23,117$168,394
NEAL S BRAUN
DEAN, LUBIN SCHOOL OF BUSINESS$335,036$0$396$36,492$371,924
HARRIET R FELDMAN
DEAN, COLLEGE OF HEALTH PROFS$266,181$0$1,008$12,750$15,531$295,470
NIRA HERRMANN
DEAN, DYSON COLLEGE$306,300$0$1,146$22,950$4,761$335,157
ANDREA M SPENCER
DEAN, SCHOOL OF EDUCATION$184,797$0$702$17,020$19,363$221,882
MICHELLE S SIMON
DEAN, SCHOOL OF LAW$399,357$0$1,014$30,600$6,008$436,979
AMAR GUPTA
DEAN, SEIDENBERG SCHOOL$340,265$0$8,430$22,950$32,735$404,380
JOHN NOLON
PROFESSOR, LAW SCHOOL$271,747$0$1,236$52,717$14,711$340,411
BERNARD H NEWMAN
PROFESSOR, LUBIN SCHOOL$160,338$0$198,577$12,780$9,168$380,863
CHARLES D MASIELLO
PROFESSOR, DYSON COLLEGE$99,987$0$197,058$12,427$21,742$331,214
LILLIE M SHORTRIDGE-BAGGETT
PROFESSOR, LIENHARD SCHOOL$94,428$0$173,687$11,388$8,488$287,991
MICHAEL SZENBERG
PROFESSOR, LUBIN SCHOOL$183,050$0$246,251$17,030$2,198$448,529

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART VII AND SCHEDULE JCOMPENSATION TO TRUSTEE JOSEPH F. RYAN IS BASED ON HIS RESPECTIVE FACULTY POSITION HELD AT PACE UNIVERSITY DURING CALENDAR 2013 AND IS NOT RELATED TO HIS POSITION AS TRUSTEE. THE AVERAGE HOURS PER WEEK DISCLOSED PERTAINS TO HIS POSITION AS TRUSTEE.
PART VII AND SCHEDULE JMr. Almon separated from his position as University's Executive Vice President, Finance and Planning and Chief Financial Officer effective January 23, 2012. Subsequent to that date Mr. Almon served as Senior Advisor to the University's President. Mr. Almon was reappointed Executive Vice President, Finance and Planning and Chief Financial Officer effective September 1, 2013.
SCHEDULE J, PART I, LINE 1A AND 1BShort 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 7Certain 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. In addition, one officer receives a mileage stipend as part of his employment contract. All non-fixed payments paid by Pace University in Calendar year 2013 have been included in Part VII and Schedule J compensation reporting.
SCHEDULE J, PART I, LINE 4APACE UNIVERSITY PROVIDES SEVERANCE AGREEMENTS TO TERMINATED EMPLOYEES DEPENDENT UPON CIRCUMSTANCES OF TERMINATION. AGREEMENTS ARE EXECUTED VIA COLLABORATION OF OUR HUMAN RESOURCES AND LEGAL DEPARTMENTS, WHEREAS EMPLOYEES ARE PROVIDED THE OPTION OF ACCEPTING OR DECLINING THE TERMS AND CONDITIONS OF THE AGREEMENT. DURING THE 2013 REPORTING PERIOD, PACE UNIVERSITY EXECUTED ONE SEVERANCE AGREEMENT FOR AN OFFICER REPORTED ON FORM 990. PACE UNIVERSITY EXTENDED A VOLUNTARY INCENTIVE RETIREMENT PROGRAM TO ELIGIBLE FACULTY MEMBERS. UNDER THE TERMS AND CONDITIONS OF THE AGREEMENT, FOUR OF THE HIGHLY COMPENSATED EMPLOYEES REPORTED ON FORM 990 VOLUNTEERED TO PARTICIPATE IN THIS OFFERING.

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 NY (DASNY)
A146000293649907JB92013-03-07$104,775,845FUND NEW CAPITAL PROJECTSfalsefalsefalse
WESTCHESTER COUNTY LOCAL DEVELOPMENT CORPORATION
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$2,900,000$0$104,814,874$0$0$0$957,351$0$0$30,665,799$70,752,695$2,439,0292017Yes (true)falsefalseYes (true)
B$0$0$99,939,308$0$1,181,303$0$1,947,304$0$0$245,474$0$97,746,5302017falsefalsefalseYes (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 OthersPrivateBusUseByOthersPctBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndRemedial Action TakenRemedialActionTakenIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
AfalsefalseYes (true)Yes (true)Yes (true)Yes (true)0falsefalsefalseYes (true)
BfalsefalseYes (true)Yes (true)Yes (true)Yes (true)0falsefalsefalseYes (true)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 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/BusinessNameLine1Gross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
0
Afalsefalsefalsefalsefalsefalsefalse0falseYes (true)
0
BfalsefalsefalsefalseYes (true)falsefalse0falseYes (true)

Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)

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

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule K, Part II, LINE 3Total Proceeds of Issue Column A For the Dormitory Authority Of the State Of New York Bond 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, 2014 of $39,029. The outstanding Bond balance at June 30, 2014 was $101,467,350, which includes $95,840,000 of principal and unamortized premium of $8,527,350. 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 accumulated loss of $57,502 and the original discount of $593,190. The outstanding Bond balance at June 30, 2014 was $100,002,105 which includes $100,590,000 of principal less unamortized discount of $587,895.
SCHEDULE K, PART II, LINE 7Issuance Costs From Proceeds Column A and B The amount in Line 7 represents costs of issuance subject to the two percent limit of code section 147(G).
Schedule K, Part II, Line 13
Schedule K, Part III, LINE 4 and 5Private Business Use The 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 L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (3 entries)

Relationship DescriptionRelationshipDescriptionTxtTransactionTransactionAmtTransactionTransactionDescSharing Of RevenuesSharingOfRevenuesInd
POONAM GUPTA STUDENT ASSISTANCE
SPOUSE OF KEY EMPLOYEE$17,525COMPENSATION, PART TIME STAFFfalse
MEDHA U SUKHATME ENROLLMENT MGT
SPOUSE OF KEY EMPLOYEE$56,240COMPENSATION, FULL TIME STAFFfalse
THOMAS J QUINLAN III CEO RRD
TRUSTEE$140,697PYMT TO RR DONNELLEY FOR SVSfalse

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution4ContributionCnt
Noncash Contributions Rpt F990$1NoncashContributionsRptF990Amt
Method Of Determining RevenuesVALUED $1 PER DONORMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Art Historical TreasuresArtHistoricalTreasuresGrp
Art Fractional InterestArtFractionalInterestGrp

Books And Publications BooksAndPublicationsGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Noncash Contributions Rpt F990$130NoncashContributionsRptF990Amt
Method Of Determining RevenuesRETAIL VALUEMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
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
Contribution25ContributionCnt
Noncash Contributions Rpt F990$1,295,188NoncashContributionsRptF990Amt
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 (3 entries)

Non Cash CheckboxNonCashCheckboxIndDescDescContributionContributionCntNoncash Contributions Rpt F990NoncashContributionsRptF990AmtMethod Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)VARIOUS ITEMS FOR AUCTION AT FUNDRAISING EVENTS153$42,242RETAIL VALUE
Yes (X)COMPUTER HARDWARE1$1RETAIL VALUE
Yes (X)COMPUTER SOFTWARE1$26,400RETAIL VALUE
FieldValueIRS element (for citing)
Form8283 Received1Form8283ReceivedCnt
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (true)ReviewProcessUnusualNCGiftsInd
Third Parties UsedYes (true)ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE M, LINE 32ATHE ORGANIZATION USES A STOCKBROKER TO RESELL DONATED SECURITIES.
PART I, COLUMN BPACE UNIVERSITY USES A COMBINATION OF REPORTING THE NUMBER OF CONTRIBUTIONS AND THE NUMBER OF ITEMS RECEIVED.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Core Form, Part VI, Section B, Line 11AThe Form 990 is prepared by the University's Associate 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 12(C)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 Associate 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 Associate 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, PART VI, SECTION B, LINE 15Each 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, and at times via outside independent consultant, 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 4BThe 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 19The 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 4DA 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.
PART XI, LINE 9The change in value of Split-Interest Agreements $114,326
CORE FORM, PART VI, SECTION A, LINE 4The University's By-Laws were amended on July 31, 2013 for the purpose of combining the Pension Special and Investment Committees that were previously separate committees. On May 8, 2014 the By-laws were amended for the addition of the composition and qualification of Special Alumni and Parent Trustee Classes to the voting members of the Board of Trustees. In addition the By-Laws were also modified on September 16, 2014 to comply with the requirements of the New York Non-Profit Revitalization Act primarily related to Interested Trustees, Related Parties, and Related Party Transactions . As part of this amendment, the University's conflict of interest policy was materially amended and removed from the By-Laws and is now a stand-alone Trustee policy. All such amendments and modifications were approved by the Board of Trustees. The July 31, 2013 amendment was not considered to be significant to the University's governing documents. The May 8, 2014 and the September 16, 2014 amendments are considered significant changes to the University's governing documents based on Form 990 Part VI, line 4 instructions.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Controlled 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 University Fund LPBusinessNameLine1

US Address USAddress

FieldValueIRS element (for citing)
Address Line1125 High StreetAddressLine1
CityBostonCity
StateMAState
ZIP Code02110ZIPCode
FieldValueIRS element (for citing)
EIN463422188EIN
Primary ActivitiesInvestmentsPrimaryActivitiesTxt
Legal Domicile StateDELegalDomicileStateCd

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1Pace UniversityBusinessNameLine1
FieldValueIRS element (for citing)
Predominant Income TypeEXCLUDEDPredominantIncomeTypeTxt
Share Of Total Income$864,370ShareOfTotalIncomeAmt
Share Of EOY Assets$114,134,516ShareOfEOYAssetsAmt
Disproportionate AllocationsfalseDisproportionateAllocationsInd
General Or Managing PartnerfalseGeneralOrManagingPartnerInd
Ownership0.99999OwnershipPct

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (3 entries)

Primary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Entity TypeEntityTypeTxtControlled OrganizationControlledOrganizationInd
Charitable Remainder Unitrust (1)
Trust DistribNYPACE UNIVERSITYTfalse
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
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 FacilitiesYes (true)SharingOfFacilitiesInd
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 (3 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
PACE UNIVERSITY FUND LP
1B$111,786,601BOOK
PACE ENVIRONMENTAL LITIGATION CLINIC
1N$0NONE
JOHN JAY LEGAL SERVICES INC
1N$0NONE

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE R, PART VFormAndLineReferenceDesc
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, 2014.ExplanationTxt