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        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>Paul M Goyette</PersonNm>
        <TitleTxt>Trustee</TitleTxt>
        <AverageHoursPerWeekRt>1.00</AverageHoursPerWeekRt>
        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
        <ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>George Kidd Jr</PersonNm>
        <TitleTxt>Past Trustee</TitleTxt>
        <AverageHoursPerWeekRt>1.00</AverageHoursPerWeekRt>
        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
        <ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>Susan Pimentel</PersonNm>
        <TitleTxt>Trustee</TitleTxt>
        <AverageHoursPerWeekRt>1.00</AverageHoursPerWeekRt>
        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
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        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>Leslye A Arsht</PersonNm>
        <TitleTxt>Trustee</TitleTxt>
        <AverageHoursPerWeekRt>1.00</AverageHoursPerWeekRt>
        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
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        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>Steven V Camerino</PersonNm>
        <TitleTxt>Trustee</TitleTxt>
        <AverageHoursPerWeekRt>1.00</AverageHoursPerWeekRt>
        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
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        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>Caryl Felicetta</PersonNm>
        <TitleTxt>Trustee</TitleTxt>
        <AverageHoursPerWeekRt>1.00</AverageHoursPerWeekRt>
        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
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        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>Al N Marulli Jr</PersonNm>
        <TitleTxt>Trustee</TitleTxt>
        <AverageHoursPerWeekRt>1.00</AverageHoursPerWeekRt>
        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
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        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>Anthony Sintetos</PersonNm>
        <TitleTxt>Trustee</TitleTxt>
        <AverageHoursPerWeekRt>1.00</AverageHoursPerWeekRt>
        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
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        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>Patrick McHugh</PersonNm>
        <TitleTxt>Trustee</TitleTxt>
        <AverageHoursPerWeekRt>1.00</AverageHoursPerWeekRt>
        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
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        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>Sean O'Kane</PersonNm>
        <TitleTxt>Trustee</TitleTxt>
        <AverageHoursPerWeekRt>1.00</AverageHoursPerWeekRt>
        <IndividualTrusteeOrDirectorInd>X</IndividualTrusteeOrDirectorInd>
        <ReportableCompFromOrgAmt>0</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>0</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>Sandra Quaye</PersonNm>
        <TitleTxt>CFO &amp; VP of Finance &amp; Admin.</TitleTxt>
        <AverageHoursPerWeekRt>40.00</AverageHoursPerWeekRt>
        <OfficerInd>X</OfficerInd>
        <ReportableCompFromOrgAmt>120556</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>34535</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>James P Earle</PersonNm>
        <TitleTxt>Vice President</TitleTxt>
        <AverageHoursPerWeekRt>40.00</AverageHoursPerWeekRt>
        <OfficerInd>X</OfficerInd>
        <ReportableCompFromOrgAmt>122405</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>9390</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>Kim Mooney</PersonNm>
        <TitleTxt>Provost</TitleTxt>
        <AverageHoursPerWeekRt>40.00</AverageHoursPerWeekRt>
        <OfficerInd>X</OfficerInd>
        <ReportableCompFromOrgAmt>189041</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>27233</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>Ahmad Boura</PersonNm>
        <TitleTxt>Past Vice President</TitleTxt>
        <AverageHoursPerWeekRt>40.00</AverageHoursPerWeekRt>
        <OfficerInd>X</OfficerInd>
        <ReportableCompFromOrgAmt>82775</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>6483</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>Richard A Marshall</PersonNm>
        <TitleTxt>CFO &amp; Vice President</TitleTxt>
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        <OfficerInd>X</OfficerInd>
        <ReportableCompFromOrgAmt>146399</ReportableCompFromOrgAmt>
        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
        <OtherCompensationAmt>25489</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>John Mosser</PersonNm>
        <TitleTxt>Vice President</TitleTxt>
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        <OtherCompensationAmt>3120</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>Bruce M Kirsh</PersonNm>
        <TitleTxt>Athletic Director</TitleTxt>
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      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>Kerry McKeever</PersonNm>
        <TitleTxt>Dean</TitleTxt>
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      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>Douglas Southard</PersonNm>
        <TitleTxt>Dean</TitleTxt>
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        <OtherCompensationAmt>24001</OtherCompensationAmt>
      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>David Brandes</PersonNm>
        <TitleTxt>Professor</TitleTxt>
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      </Form990PartVIISectionAGrp>
      <Form990PartVIISectionAGrp>
        <PersonNm>Stephanie Johnson</PersonNm>
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        <ReportableCompFromRltdOrgAmt>0</ReportableCompFromRltdOrgAmt>
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      <CntrctRcvdGreaterThan100KCnt>0</CntrctRcvdGreaterThan100KCnt>
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      <ProgramServiceRevenueGrp>
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      <ProgramServiceRevenueGrp>
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      <GrantsToDomesticIndividualsGrp>
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        <ProgramServicesAmt>23102557</ProgramServicesAmt>
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        <ManagementAndGeneralAmt>1119119</ManagementAndGeneralAmt>
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        <ProgramServicesAmt>17668741</ProgramServicesAmt>
        <ManagementAndGeneralAmt>983516</ManagementAndGeneralAmt>
        <FundraisingAmt>605557</FundraisingAmt>
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        <ProgramServicesAmt>901631</ProgramServicesAmt>
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        <ManagementAndGeneralAmt>62672</ManagementAndGeneralAmt>
        <FundraisingAmt>4810</FundraisingAmt>
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        <ManagementAndGeneralAmt>335130</ManagementAndGeneralAmt>
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      <FeesForServicesAccountingGrp>
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        <ManagementAndGeneralAmt>70850</ManagementAndGeneralAmt>
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      <FeesForSrvcInvstMgmntFeesGrp>
        <TotalAmt>52116</TotalAmt>
        <ManagementAndGeneralAmt>52116</ManagementAndGeneralAmt>
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        <FundraisingAmt>44788</FundraisingAmt>
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        <ProgramServicesAmt>200825</ProgramServicesAmt>
        <ManagementAndGeneralAmt>66976</ManagementAndGeneralAmt>
        <FundraisingAmt>250</FundraisingAmt>
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        <ProgramServicesAmt>1223776</ProgramServicesAmt>
        <ManagementAndGeneralAmt>164330</ManagementAndGeneralAmt>
        <FundraisingAmt>50355</FundraisingAmt>
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        <ManagementAndGeneralAmt>272270</ManagementAndGeneralAmt>
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        <ProgramServicesAmt>794332</ProgramServicesAmt>
        <ManagementAndGeneralAmt>10192</ManagementAndGeneralAmt>
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        <ProgramServicesAmt>160373</ProgramServicesAmt>
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        <FundraisingAmt>1199</FundraisingAmt>
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        <ProgramServicesAmt>2448784</ProgramServicesAmt>
        <ManagementAndGeneralAmt>113464</ManagementAndGeneralAmt>
        <FundraisingAmt>8880</FundraisingAmt>
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        <ProgramServicesAmt>2987529</ProgramServicesAmt>
        <ManagementAndGeneralAmt>141159</ManagementAndGeneralAmt>
        <FundraisingAmt>10834</FundraisingAmt>
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        <ManagementAndGeneralAmt>694179</ManagementAndGeneralAmt>
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        <ProgramServicesAmt>2117657</ProgramServicesAmt>
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        <ProgramServicesAmt>880643</ProgramServicesAmt>
        <ManagementAndGeneralAmt>894</ManagementAndGeneralAmt>
        <FundraisingAmt>2016</FundraisingAmt>
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      <OtherExpensesGrp>
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        <ProgramServicesAmt>703560</ProgramServicesAmt>
        <ManagementAndGeneralAmt>28626</ManagementAndGeneralAmt>
        <FundraisingAmt>7525</FundraisingAmt>
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      <OtherExpensesGrp>
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        <TotalAmt>692132</TotalAmt>
        <ProgramServicesAmt>65356</ProgramServicesAmt>
        <ManagementAndGeneralAmt>626776</ManagementAndGeneralAmt>
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      <AllOtherExpensesGrp>
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        <ProgramServicesAmt>1290285</ProgramServicesAmt>
        <ManagementAndGeneralAmt>456734</ManagementAndGeneralAmt>
        <FundraisingAmt>134038</FundraisingAmt>
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      <TotalFunctionalExpensesGrp>
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        <ProgramServicesAmt>66056748</ProgramServicesAmt>
        <ManagementAndGeneralAmt>6071542</ManagementAndGeneralAmt>
        <FundraisingAmt>1143268</FundraisingAmt>
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        <EOYAmt>5218</EOYAmt>
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        <EOYAmt>7215019</EOYAmt>
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      <PledgesAndGrantsReceivableGrp>
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        <EOYAmt>416198</EOYAmt>
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      <AccountsReceivableGrp>
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        <EOYAmt>438059</EOYAmt>
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        <EOYAmt>5945287</EOYAmt>
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        <BOYAmt>124634</BOYAmt>
        <EOYAmt>95077</EOYAmt>
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        <EOYAmt>319362</EOYAmt>
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      <LandBldgEquipCostOrOtherBssAmt>97103284</LandBldgEquipCostOrOtherBssAmt>
      <LandBldgEquipAccumDeprecAmt>46082263</LandBldgEquipAccumDeprecAmt>
      <LandBldgEquipBasisNetGrp>
        <BOYAmt>51772456</BOYAmt>
        <EOYAmt>51021021</EOYAmt>
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      <InvestmentsPubTradedSecGrp>
        <BOYAmt>5260291</BOYAmt>
        <EOYAmt>4448380</EOYAmt>
      </InvestmentsPubTradedSecGrp>
      <OtherAssetsTotalGrp>
        <BOYAmt>1993198</BOYAmt>
        <EOYAmt>1944461</EOYAmt>
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      <TotalAssetsGrp>
        <BOYAmt>72255163</BOYAmt>
        <EOYAmt>71848082</EOYAmt>
      </TotalAssetsGrp>
      <AccountsPayableAccrExpnssGrp>
        <BOYAmt>4314469</BOYAmt>
        <EOYAmt>5677425</EOYAmt>
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      <DeferredRevenueGrp>
        <BOYAmt>1318425</BOYAmt>
        <EOYAmt>1150784</EOYAmt>
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      <TaxExemptBondLiabilitiesGrp>
        <BOYAmt>42525786</BOYAmt>
        <EOYAmt>39428767</EOYAmt>
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      <MortgNotesPyblScrdInvstPropGrp>
        <BOYAmt>4262546</BOYAmt>
        <EOYAmt>5835001</EOYAmt>
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      <OtherLiabilitiesGrp>
        <BOYAmt>2358903</BOYAmt>
        <EOYAmt>1999216</EOYAmt>
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      <TotalLiabilitiesGrp>
        <BOYAmt>54780129</BOYAmt>
        <EOYAmt>54091193</EOYAmt>
      </TotalLiabilitiesGrp>
      <OrganizationFollowsSFAS117Ind>X</OrganizationFollowsSFAS117Ind>
      <UnrestrictedNetAssetsGrp>
        <BOYAmt>11851527</BOYAmt>
        <EOYAmt>11569237</EOYAmt>
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      <TemporarilyRstrNetAssetsGrp>
        <BOYAmt>1469057</BOYAmt>
        <EOYAmt>1804008</EOYAmt>
      </TemporarilyRstrNetAssetsGrp>
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        <AdvanceRefundingInd>0</AdvanceRefundingInd>
        <FinalAllocationMadeInd>1</FinalAllocationMadeInd>
        <AdequateBooksAndRecMaintInd>1</AdequateBooksAndRecMaintInd>
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      <TaxExemptBondsPrivateBusUseGrp>
        <BondReferenceCd>A</BondReferenceCd>
        <OwningBondFinancedPropertyInd>0</OwningBondFinancedPropertyInd>
        <AnyLeaseArrangementsInd>0</AnyLeaseArrangementsInd>
        <MgmtContractBondFincdPropInd>0</MgmtContractBondFincdPropInd>
        <AnyResearchAgreementsInd>0</AnyResearchAgreementsInd>
        <BondIssMeetPrvtSecPymtTestInd>0</BondIssMeetPrvtSecPymtTestInd>
        <ChangeInUseBondFinancedPropInd>0</ChangeInUseBondFinancedPropInd>
        <ProcsNonqualifiedBondRemdtdInd>1</ProcsNonqualifiedBondRemdtdInd>
      </TaxExemptBondsPrivateBusUseGrp>
      <TaxExemptBondsArbitrageGrp>
        <BondReferenceCd>A</BondReferenceCd>
        <Form8038TFiledInd>0</Form8038TFiledInd>
        <RebateNotDueYetInd>0</RebateNotDueYetInd>
        <ExceptionToRebateInd>0</ExceptionToRebateInd>
        <NoRebateDueInd>0</NoRebateDueInd>
        <VariableRateIssueInd>0</VariableRateIssueInd>
        <HedgeIdentifiedInBksAndRecInd>0</HedgeIdentifiedInBksAndRecInd>
        <GrossProceedsInvestedInGICInd>0</GrossProceedsInvestedInGICInd>
        <GrossProceedsInvestedInd>0</GrossProceedsInvestedInd>
        <WrittenProcToMonitorReqsInd>0</WrittenProcToMonitorReqsInd>
      </TaxExemptBondsArbitrageGrp>
      <ProceduresCorrectiveActionGrp>
        <BondReferenceCd>A</BondReferenceCd>
        <ProceduresCorrectiveActionInd>0</ProceduresCorrectiveActionInd>
      </ProceduresCorrectiveActionGrp>
    </IRS990ScheduleK>
    <IRS990ScheduleL documentId="RetDoc1042800001">
      <GrntAsstBnftInterestedPrsnGrp>
        <CashGrantAmt>28675</CashGrantAmt>
        <TypeOfAssistanceTxt>Tuition Waivers</TypeOfAssistanceTxt>
        <AssistancePurposeTxt>Tuition for dependents</AssistancePurposeTxt>
      </GrntAsstBnftInterestedPrsnGrp>
    </IRS990ScheduleL>
    <IRS990ScheduleM documentId="RetDoc1042900001">
      <SecuritiesPubliclyTradedGrp>
        <NonCashCheckboxInd>X</NonCashCheckboxInd>
        <ContributionCnt>2</ContributionCnt>
        <NoncashContributionsRptF990Amt>50090</NoncashContributionsRptF990Amt>
        <MethodOfDeterminingRevenuesTxt>Market Price</MethodOfDeterminingRevenuesTxt>
      </SecuritiesPubliclyTradedGrp>
      <AnyPropertyThatMustBeHeldInd>0</AnyPropertyThatMustBeHeldInd>
      <ReviewProcessUnusualNCGiftsInd>0</ReviewProcessUnusualNCGiftsInd>
      <ThirdPartiesUsedInd>0</ThirdPartiesUsedInd>
    </IRS990ScheduleM>
    <IRS990ScheduleO documentId="RetDoc1044400001">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Section A, line 8b</FormAndLineReferenceDesc>
        <ExplanationTxt>The minutes are maintained for all full board meetings but are not maintained for the executive sessions.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Section B, line 11</FormAndLineReferenceDesc>
        <ExplanationTxt>Form 990 was reviewed by management and the audit committee prior to filing.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Section B, line 12c</FormAndLineReferenceDesc>
        <ExplanationTxt>Officers, Trustees and key employees submit an affirmation that no conflicts exist or a disclosure of conflicts in October of each calendar year.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Section B, line 15</FormAndLineReferenceDesc>
        <ExplanationTxt>The Organization determines officers' salaries through a review of comparable salaries of officers in similar positions at universities and a review of officers' responsibilities. Officers' salaries are subject to approval by the Board.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Section C, line 19</FormAndLineReferenceDesc>
        <ExplanationTxt>Franklin Pierce University makes its governing documents, conflict of interest policy and financial statements available to the public upon request.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
  </ReturnData>
</Return>