2015-05-05T14:18:22-07:00 2014-06-30 990 2013-07-01 221494434 FAIRLEIGH DICKINSON UNIVERSITY FAIR 2016922381 1000 River Road Mail Code T-FH2-06 Teaneck NJ 076661914 Hania Ferrara Senior VP for Finance & COO 2016922381 2015-05-04 2013 2016-04-25 22:37:26Z Sheldon Drucker 1000 River Road Mail Code T-FH-06 Teaneck NJ 076661914 312559717 0 X www.fdu.edu/ X 1942 NJ Fairleigh Dickinson University is a center of academic excellence dedicated to the preparation of world citizens through global education. The University strives to provide students with the multi-disciplinary, intercultural, and ethical understandings necessary to participate, lead, and prosper in the global marketplace of ideas, commerce and culture. 29 28 4163 140 14691 -20271 6966310 13580617 272910596 275793207 779357 946361 1250137 1228419 281906400 291548604 69625613 71558717 0 0 117930849 123953310 178136 171632 1769914 77701850 80980480 265436448 276664139 16469952 14884465 328116481 350941120 175948707 175764202 152167774 175176918 Fairleigh Dickinson University is a center of academic excellence dedicated to the preparation of world citizens through global education. The University strives to provide students with the multi-disciplinary, intercultural, and ethical understandings necessary to participate, lead, and prosper in the global marketplace of ideas, commerce and culture. 0 0 231610785 71259658 246927867 HIGHER EDUCATION: INSTRUCTION - Fairleigh Dickinson University was founded in 1942 and is one of the largest independent nonsectarian institutions of higher education in New Jersey. The University educates more than 11,600 undergraduate and graduate students in NJ, and an additional 600 undergraduate and graduate students in Vancouver, British Columbia, Canada. With a wide range of academic programs and two main campuses in New Jersey, each with its own identity and separate mission, the University preserves the intimacy of a small college within a large suburban institution. The Florham Campus in Morris County, New Jersey is a picture perfect collegiate environment. Ivy-covered buildings, a strong student life program, and traditional amenities and activities make this campus a picturesque learning environment. The Metropolitan Campus in Teaneck and Hackensack, New Jersey is by contrast a fast-paced, professionally oriented environment that feeds off the energy of nearby New York City. Many of the University's business, professional, science, and healthcare programs are based at the Metropolitan Campus. The AACSB-accredited Silberman College of Business provides career-focused preparation in entrepreneurial studies, accounting, marketing, finance, information systems, and management through BS, MS and MBA degrees, including the Executive MBA. Located in the heart of the U.S. pharmaceutical industry, Fairleigh Dickinson University's School of Pharmacy in Morris County, New Jersey, has unveiled a dynamic curriculum incorporating technology, a global perspective, and multiple master's degree options. The University has taken a prominent leadership role in educating veterans and welcomed to campus a strong contingent under the new GI Bill. Fairleigh Dickinson University was one of just 20 U.S. institutions to receive a Veterans Award Grant from the American Council on Education (ACE) and The Walmart Foundation. The University also operates international campuses; Wroxton College in Oxfordshire, England and Fairleigh Dickinson University Vancouver Campus in British Columbia, Canada. Courses are also offered at many locations throughout the State of New Jersey and through on-line courses accessible from anywhere in the world. The University offers over 100 degree programs at the associate, baccalaureate, master's and doctorate levels. Its wide range of offerings include a variety of innovative programs in education, nursing, psychology, business, computer science, visual arts, and public administration. Fairleigh Dickinson University's Paralegal Studies program is an American Bar Association accredited program, and was voted first in the state for paralegal education in a 2012 New Jersey Law Journal poll. A new state-of-the art cyber crime laboratory extends FDU's already widely respected graduate and certificate programs in computer security and forensics and global security and terrorism studies. The University both defines and responds to the changing needs of society. 23081648 299059 28706631 HIGHER EDUCATION: AUXILIARY - To provide food service and resident halls for University students. Approximately 2,176 undergraduate U.S. students currently utilize University residence halls. 137576 0 144018 HIGHER EDUCATION: RESEARCH - Investigation and experimental activities for the purpose of discovery and revision of accepted conclusions undertaken for the benefit of the community at large. The Silberman College of Business sponsors a series of business research studies that involve faculty and students. The College publishes several working papers series and The Journal of Pharmaceutical Chemical Business. Univesity College: Arts, Science, Professional Studies Metropolitan Campus houses the clinical psychology and school of psychology doctoral programs where students and faculty do research in such areas as behavorial medicine, cognitive, psychological and psych-educational testing and women's issues. In the Maxwell Becton College of Arts and Sciences, research efforts are particularly prominent in the the psychology, english, social sciences and communications disciplines. The Florham Campus psychology department emphasizes experimental, industrial/organizational psychology and clinical counseling. 0 0 0 254830009 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 0 0 1 1 1 1 0 1 1 1 0 0 0 1 1 1 0 0 0 0 0 0 1 1 1 0 1 0 0 0 1 1 1 1 0 0 1 14001 0 1 4163 1 1 1 1 UK CA 0 0 0 1 1 0 0 0 0 X 29 28 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X X Hania Ferrara - Sr VP Finance COO 2016922381 1000 River Road Mail Code T-FH2-06 Teaneck NJ 076661914 Anthony P Ambrosio Trustee 3 0 X 0 0 0 Curtis R Artis Trustee 3 0 X 0 0 0 Cheryl K Beebe Trustee 3 0 X 0 0 0 Brenda Blackmon Trustee 3 0 X 0 0 0 Kenneth L Brier Trustee 3 0 X 0 0 0 Guy F Budinscak Trustee 5 0 X 0 0 0 Michael J Clarke Trustee 3 0 X 0 0 0 Ronald J Doerfler Trustee 3 0 X 0 0 0 Rosemary Espanol Trustee 3 0 X 0 0 0 Steven B Grumbach Trustee 3 0 X 0 0 0 Robert M Hallenbeck Trustee 5 0 X 0 0 0 Franklyn G Jenifer Trustee 3 0 X 0 0 0 Stewart Krentzman Trustee 3 0 X 0 0 0 Daniel C Lewis Trustee 3 0 X 0 0 0 Winston I Lowe Esq Trustee 3 0 X 0 0 0 Donna DelPrete Marki Trustee 3 0 X 0 0 0 June H Middleton Trustee 3 0 X 0 0 0 Vincent J Naimoli Trustee 5 0 X 0 0 0 Gergory H Olsen Trustee 3 0 X 0 0 0 William L O'Neill DDS Trustee 3 0 X 0 0 0 Antoinette Petrocelli Trustee 3 0 X 0 0 0 Robert J Pures Trustee 5 0 X 0 0 0 Robert P Saltarelli Trustee 3 0 X 0 0 0 Paul C Santucci Trustee 3 0 X 0 0 0 Molly Easo Smith Trustee 3 0 X 0 0 0 Mary Kay Stratis Trustee 5 0 X 0 0 0 Marta L Tellado Trustee 3 0 X 0 0 0 Anthony J Vespa Trustee 3 0 X 0 0 0 S Skippy Weinstein Trustee 3 0 X 0 0 0 Susan Welsh DC Trustee 3 0 X 0 0 0 Patrick J Zenner Chairman, Board of Trustees 10 0 X 0 0 0 Sheldon Drucker President & Trustee 65 0 X X 399617 0 55233 Cecil A Abrahams Campus Provost, FDU-Vancouver 60 0 X 179427 0 18574 Christopher A Capuano University Provost & Sr VP Academic Affairs 75 0 X 263193 0 55836 John M Codd Esq General Counsel & Secretary of the Corporation 55 0 X 197356 0 11204 Hania Ferrara SR VP Finance, COO & Treasurer 60 0 X 221767 0 50971 Joseph J Kiernan Provost Metro Campus & Sr Vice Provost Inst Effectiveness 63 0 X 214607 0 33721 Richard P Reiss Senior VP for University Advancement 60 0 X 268370 0 64161 Richard A Riccio Vice President for Administration 60 0 X 208285 0 46315 Neal M Sturm VP & Chief Information Officer 60 0 X 177590 0 37318 Jonathan D Wexler Vice President for Enrollment Management 70 0 X 213279 0 27719 Peter J Woolley Provost Florham Campus & Sr Vice Provost Govt & Community Affairs 65 0 X 191155 0 47561 Martha C Young Assistant Secretary of the Corporation 40 0 X 56681 0 33236 Michael J Avaltroni Dean, School of Pharmacy 50 0 X 198381 0 51030 Patti A Mills Dean, University College 55 0 X 190580 0 26057 Kenneth T Vehrkens Dean, Petrocelli College 60 0 X 182588 0 46515 Geoffrey S Weinman Dean, Becton College 58 0 X 188233 0 48337 James G Almeida Interim Dean Silberman College 55 0 X 182015 0 44498 Ronald E Calissi Esq Executive Associate Dean, Petrocelli College 50 0 X 173070 0 16631 William D Fordham Professor, Chemistry & Physics 40 0 X 174746 0 19230 Richard C Frick Associate VP Facilities 65 0 X 186574 0 37314 Naadimuthu Govindasami Professor Operations Management 40 0 X 176363 0 6960 Robert Greenfield Former Metro Campus Provost 40 0 X 202401 0 37491 Ruth Nemire Former School of Pharmacy Dean 40 0 X 120887 0 15080 4567165 0 830992 100 1 1 0 Gourmet Dining Services 285 Madison Avenue Madison NJ 07940 Food Services 7573705 Hollister Construction Services 777 Terrace Avenue Hasbrouck Heights NJ 07604 Construction Services 6089820 Collins Building Services Court Square Pl 24-01 44th Rd LIC NY 11101 Building - Cleaning 2649405 ISS TMC Services Inc 81 Dorsa Avenue Livingston NJ 07039 Bldg - Mechanical Maint 1592515 Torcon Inc 328 Newman Springs Road Red Bank NJ 07701 Construction Services 958182 29 99710 0 521388 0 5950574 7008945 136623 13580617 Tuition 611310 232744741 232744741 0 0 Student Residence 611310 20178979 20178979 0 0 Student Fees 611310 11241214 11241214 0 0 Student Food Service 611310 8527652 8527652 0 0 3100621 3085930 14691 0 275793207 876516 0 0 876516 0 0 0 0 9919 0 0 9919 1385527 0 0 0 1385527 0 1385527 0 0 1385527 20763441 0 20693596 0 69845 0 69845 0 0 69845 128610 521388 317517 -188907 0 -188907 0 0 0 0 0 0 0 0 0 0 0 0 Misc Copy Ctr Revenue 611310 21880 0 0 21880 0 0 0 0 21880 291548604 275778516 14691 2174780 0 0 69327393 69327393 2231324 2231324 0 0 4045976 2178978 1541471 325527 0 0 0 0 88958011 80581417 7615299 761295 5562446 4943902 556245 62299 18540424 16873996 1498586 167842 6846453 6085128 684645 76680 0 0 0 0 709111 0 709111 0 372521 0 372521 0 38493 38493 0 0 171632 171632 102800 0 102800 0 10700254 9822898 808257 69099 1539805 1161819 374551 3435 7547965 6495399 961576 90990 6083588 5041975 1033915 7698 18043 7905 10138 0 21135024 20250619 884367 38 3258922 3013741 234416 10765 0 0 0 0 3503435 3146607 338738 18090 4823878 4744305 79573 0 0 0 0 0 10676645 9971546 704486 613 3677965 2682222 995743 0 Early retirement of long-term debt 2857836 2832115 25721 0 Bad Debt Expense 2050417 2050417 0 0 Books & Periodicals 599171 571322 27849 0 Student Activity Fees 561707 561707 0 0 722900 214781 504208 3911 276664139 254830009 20064216 1769914 0 0 78982893 85583163 1672194 2690197 18500437 17930912 0 0 0 0 0 0 0 0 4284752 3074725 308211203 122720289 181283219 185490914 43275997 56054220 30000 30000 0 0 0 0 86989 86989 328116481 350941120 22607033 22811135 0 0 2325558 2314494 95432184 90757309 0 0 0 0 0 0 0 0 55583932 59881264 175948707 175764202 X 117149404 132835193 15973215 22621973 19045155 19719752 152167774 175176918 328116481 350941120 X 14884465 8172840 0 0 0 -48161 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 38493 38493 254471203 254509696 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 174847 174663 142350 38493 530353 250000 250000 250000 250000 1000000 1500000 0 0 0 0 0 Schedule C, Part II-A, Line A N/A 44303791 5344927 8752321 1190849 623818 0 56586372 34904073 5166720 5734012 1001333 499681 0 44303791 31274383 4064623 822964 794772 463125 0 34904073 23928198 3022003 5454552 681436 448934 0 31274383 20072125 2264012 2692448 683867 416520 0 23928198 0.4 0.6 0 0 0 0 20541731 20541731 0 247050284 101742992 145307292 0 2620594 652018 1968576 0 32872744 20325279 12547465 0 5125850 0 5125850 185490914 0 Post-retirement benefit liability 31416481 U.S. government grants refundable 10375673 FIN 47 asset retirement obligations 12546283 Deferred liabilities 3621861 Miscellaneous other 1920966 59881264 Schedule D, Part V, Line 4 The University's endowment fund provides continous support for student assistance, faculty retention and recruitment, and essential maintenance of our campuses. Endowed scholarships enable the University to expand need and merit based awards. Programmatic endorsements allow for overall enhancement of programs such as technology, research, library acquisitions, and closest to the mission of the University, Global Education and research benefiting student learning and faculty instruction. Faculty endowments include Endowed Chairs and Endowed Professorships. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 1 1 Schedule E, Part I, Line 3 A statement is set forth to disclose our racially non-discriminatory policy in all recruitment efforts, applications, official publications for registration, including radio, internet, TV, and social media. Schedule E, Part I, Line 6 In 1990-91, the federal government suspended payments for financial aid for nursing loans because the default rate exceeded the maximum allowable rate. As of June 1991, the default rate was reduced to below the maximum allowable rate and the suspension was lifted. 1 Europe (including Iceland and Greenland) 1 34 Program Services Higher Education 2281610 North America (including Canada and Mexico, but not the United States) 1 102 Program Services Higher Education 6071089 Russia and the newly independent States 0 0 Program Services Recruitment 2867 North America (including Canada and Mexico, but not the United States) 0 0 Program Services Recruitment 139343 East Asia and the Pacific 0 8 Program Services Recruitment 173169 South Asia 0 0 Program Services Recruitment 411976 Central America and the Caribbean 0 0 Program Services Recruitment 29404 Europe (including Iceland and Greenland) 0 0 Program Services Recruitment 22186 Sub-Saharan Africa 0 0 Program Services Recruitment 2500 Middle East and North Africa 0 0 Program Services Recruitment 52399 South America 0 0 Program Services Recruitment 42418 Middle East and North Africa 0 0 Program Services Business Mtgs 16822 East Asia and the Pacific 0 0 Program Services Business Mtgs 26965 North America (including Canada and Mexico, but not the United States) 0 0 Program Services Business Mtgs 375 Central America and the Caribbean 0 0 Program Services Business Mtgs 5402 East Asia and the Pacific 0 0 Program Services MBA Study Abroad 192130 Europe (including Iceland and Greenland) 0 0 Program Services Study Abroad 165606 East Asia and the Pacific 0 0 Program Services Study Abroad 84420 Central America and the Caribbean 0 0 Program Services Study Abroad 20240 South Asia 0 0 Program Services IT Consultant 42801 North America (including Canada and Mexico, but not the United States) 0 0 Program Services Consultant 8797 2 144 9792519 University funded scholarships North America (including Canada and Mexico, but not the United States) 308 0 N/A 1521838 Tuition A/R credit N/A University funded scholarship Europe (including Iceland and Greenland) 69 0 N/A 709486 Tuition A/R credit N/A 0 0 1 0 0 0 Schedule F, Part I, Line 2 All grant funds awarded to students outside of the United States are posted electronically by the bursar to the tuition receivable account for each student. The University's Enrollment Services office is provided with a weekly report identifying any student refunds. These procedures ensure that all funds are being applied and used for their intended educational purpose. Schedule F, Part I, Line 3 The accrual method of accounting is used to account for the expenditures reported on the University's financial statements. Expenditures by region in Part I, Column (f) are based on actual University expenditures. Activities outside the United States have been identified on a reasonable efforts basis that included reviews of financial records and employee travel expense reports. Schedule F, Part III The accrual method of accounting is used to account for the non-cash assistance on the University's financial statements. Schedule F, Part IV, Line 3 Fairleigh Dickinson University of British Columbia, Foundation (Vancouver Campus) is a campus of Fairleigh Dickinson University in the United States. FDU-Vancouver is incorporated under the Society Act on July 19th, 2006 at Victoria, BC, Canada, and accredited by the British Columbia Ministry of Advanced Education. X X X X X X X 1 Telecomp Inc 3375 Brighton Henrietta Townline Road Rochester NY 146232842 Design, management, and preparation of solicitation materials; direct mail and telephone solicitation of contributions; consultation and final written reports including statistical evaluation to the organization. 0 148127 171632 -23505 148127 171632 -23505 NJ NY Charter Day 443340 388340 55000 0 0 90810 83778 8775 28560 Robt Shields Event 68109 48369 19740 0 0 23300 1013 0 1212 3 138549 84679 53870 0 9863 7668 46267 2500 13771 649998 521388 128610 0 9863 121778 131058 11275 43543 317517 -188907 Schedule G, Part I, Line 2b The agreement with Telecomp, Inc. distinguishes payments for professional fundraising services from expense payments by basing fundraising service payments on solicitation call volume and by charging for expenses such as postage at the actual first-class postage rate. The expense for telephone number research is billed at a set fee amount. 1 UNIVERSITY FUNDED SCHOLARSHIPS 4451 66706315 0 EDUCATIONAL OPPORTUNITY FUND 312 1223551 0 PRIVATE & ENDOWED SCHOLARSHIPS 501 1344027 0 MISC STATE & OTHER SCHOLARSHIPS 14 13500 0 PRIVATE & ENDOWED FELLOWSHIPS 10 40000 0 Schedule I, Part I, Line 2 The University monitors it grants to ensure such grants are used for proper purposes and are not otherwise diverted from the intended use by having the Enrollment Services Office provide the Financial Aid Office with a weekly report identifying any financial aid refunds to students. This process ensures that all grants and scholarships are being applied and used for their intended purpose. All financial aid is electronically posted to each students account by the bursar. X X X 1 1 X X X X X X 1 0 0 0 0 0 0 0 0 Cecil A Abrahams Campus Provost, FDU-Vancouver 165049 0 0 0 14378 0 14378 0 4196 0 198001 0 0 0 Christopher A Capuano University Provost & Sr VP Academic Affairs 228281 0 0 0 34912 0 28050 0 27786 0 319029 0 0 0 John M Codd Esq General Counsel & Secretary of the Corporation 172096 0 0 0 25260 0 0 0 11204 0 208560 0 0 0 Sheldon Drucker President & Trustee 266875 0 0 0 132742 0 28050 0 27183 0 454850 0 0 0 Hania Ferrara SR VP Finance, COO & Treasurer 190886 0 0 0 30882 0 23821 0 27149 0 272738 0 0 0 Joseph J Kiernan Provost Metro Campus & Sr Vice Provost Inst Effectiveness 182910 0 0 0 31697 0 22436 0 11285 0 248328 0 0 0 Richard P Reiss Senior VP for University Advancement 234387 0 0 0 33983 0 28050 0 36111 0 332531 0 0 0 Richard A Riccio Vice President for Administration 147041 0 0 0 61244 0 21250 0 25065 0 254600 0 0 0 Neal M Sturm VP & Chief Information Officer 151324 0 0 0 26266 0 18703 0 18615 0 214908 0 0 0 Jonathan D Wexler Vice President for Enrollment Management 185344 0 0 0 27935 0 16432 0 11287 0 240998 0 0 0 Peter J Woolley Provost Florham Campus & Sr Vice Provost Govt & Community Affairs 157900 0 0 0 33255 0 20900 0 26661 0 238716 0 0 0 Michael J Avaltroni Dean, School of Pharmacy 174736 0 0 0 23645 0 20870 0 30160 0 249411 0 0 0 Patti A Mills Dean, University College 161536 0 0 0 29044 0 14809 0 11248 0 216637 0 0 0 Kenneth T Vehrkens Dean, Petrocelli College 163368 0 0 0 19221 0 19628 0 26886 0 229103 0 0 0 Geoffrey S Weinman Dean, Becton College 163260 0 0 0 24973 0 20780 0 27557 0 236570 0 0 0 James G Almeida Interim Dean Silberman College 117866 0 0 0 64149 0 14941 0 29557 0 226513 0 0 0 Ronald E Calissi Esq Executive Associate Dean, Petrocelli College 162683 0 0 0 10387 0 16251 0 380 0 189701 0 0 0 William D Fordham Professor, Chemistry & Physics 50846 0 0 0 123900 0 8296 0 10934 0 193976 0 0 0 Richard C Frick Associate VP Facilities 132495 0 0 0 54079 0 12324 0 24990 0 223888 0 0 0 Naadimuthu Govindasami Professor Operations Management 49750 0 0 0 126613 0 6841 0 119 0 183323 0 0 0 Robert Greenfield Former Metro Campus Provost 58421 0 0 0 143980 0 15942 0 21549 0 239892 0 0 0 Ruth Nemire Former School of Pharmacy Dean 107960 0 0 0 12925 0 9401 0 5680 0 135966 0 0 0 Schedule J, Part I, Line 1a Spousal travel occurs in limited circumstances for the University President, University Provost, and Sr Vice President for University Advancement when attending University related events and functions approved in advance by the University President and/or the Chairman of the Board of Trustees. Spousal travel is treated as taxable compensation when spousal attendance does not serve a bona fide business purpose to the University. The Pesident receives an annual housing allowance payment pursuant to his contract, and that amount is included as compensation on Form W-2. The University President and University Provost maintain airline club memberships which are provided for use only during University business related travel, and therefore excluded from taxable compensation. Schedule J, Part I, Line 3 The Board of Trustees Compensation Committee is responsible for making recommendations to the Board of Trustees Executive Committee concerning compensation of the University President and setting compensation and other terms and conditions of employment for officers of the University in consultation with the President. The process for determining compensation, includes retaining an independent firm triennially to study executive compensation to assure that the compensation of each officer is consistent with market trend and in compliance with regulations. The Compensation Committee is also responsible for conducting or commissioning any other necessary survey or studies and report the results of such surveys and studies to the Board of Trustees. Meetings and decisions of this Committee are documented contemporaneously in Committee minutes. Schedule J, Part I, Line 4 Ruth Nemire, former Dean of the School of Pharmacy was paid $122,200.04 pursuant to a salary continuation separation arrangement. That payment is reported as compensation in Part VII, Section A and as compensation on Form W-2. A New Jersey Educational Facilities Authority FDU Issue 2004 Series C 221829511 64605LQA9 2004-07-14 35572504 Refunding of NJEFA 1993 Series C 0 0 0 B New Jersey Educational Facilities Authority FDU Issue 2006 Series G & H 221829511 64605KCZ1 2006-06-29 16652544 Refunding of NJEFA 1998 G & H various loans 0 0 0 C New Jersey Educational Facilities Authority Safety Trust Fund Bonds Series 2003 A 221829511 64605NBU7 2003-10-09 598793 Financing Dormitory Safety Improvements 0 0 0 D New Jersey Educational Facilities Authority FDU Issue 2014 Series B 221829511 2014-01-16 51925000 Refunding of NJEFA 2002 Series D and funding a debt service reserve fund 0 0 0 A 0 0 36104646 3208950 0 0 620577 0 0 32275119 0 0 2004 1 0 1 1 B 0 0 18050500 1128635 0 0 277407 0 0 16644458 0 0 2006 1 1 1 1 C 0 0 602022 0 0 0 9101 0 0 592921 0 0 2004 0 0 1 1 D 0 0 51925000 3873813 0 0 396162 0 0 0 47655025 0 2003 1 0 1 1 A 0 0 1 1 0 0 0.004 0.004 1 0 1 B 0 0 1 1 0 0 0 0 1 0 1 C 0 0 1 1 0 0 0 0 1 0 1 D 0 0 1 1 0 0 0 1 0 1 A 0 0 0 0 0 0 0 0 1 B 0 0 0 0 0 0 0 0 1 C 0 0 0 0 0 0 0 0 1 D 0 0 0 0 0 0 0 0 1 A 1 B 1 C 1 D 1 Schedule K, Part I, Column e-07/14/2004 35,572,504 New Jersey Educational Facilities Authority The Total Proceeds of Issue in Part II, Col. A, B, and C include investment earnings of each bond issue. An additional Schedule K is included to provide information pertaining to the New Jersey Educational Facilities Authority Capital Improvement Fund bond issue, CUSIP #646066DG2, March 01, 2014 issue date. Schedule K, Part III, Line 3a-07/14/2004 35,572,504 New Jersey Educational Facilities Authority The University maintains janitorial, vending and office equipment service contracts which are solely incidental to the exempt use of the bond-financed facilities. Such arrangements do not give rise to private business use pursuant to the safe-harbor provisions of Rev. Proc. 97-13, Sec. 1.141-3(b)(4)(iii). A New Jersey Educational Facilities Authority Higher Education Capital Improvement Fund 221829511 646066DG2 2014-03-01 585253 Finance Florham Campus Science Bldg Renovations 0 0 0 A 0 0 585253 0 0 0 3423 0 0 384862 0 196968 2015 0 1 1 1 A 0 0 1 1 0 0 0 0 1 0 1 A 0 0 0 0 0 0 0 0 1 A 1 Not required Not required 109372 Tuition reduction Undergraduate education Mary K Douglas Family member of current officer 65055 Tax yr employee compensation 0 Karen A Vehrkens Family member of key employee 22000 Tax yr employee compensation 0 Kenneth J Vehrkens Family member of key employee 22900 Tax yr employee compensation 0 Schedule L, Part III Employee Tuition Grants are offered for academic services/accredited courses at Fairleigh Dickinson University to full-time employees after 90 days of continuous employment. A spouse and dependent children who are claimed on the employees federal income tax return for the year in which the grant is awarded are eligible immediately. Employee Tuition Grants are offered to regular part-time employees and part-time faculty but with different eligibility criteria. Grants are not awarded for Continuing Education non-credit programs. X 1 20000 Market X 6 88240 Market X 1 20100 Cost X Event Food 1 1000 Cost X Server & memory 2 6086 Cost X Restaurant gift card 2 100 Cost X Logicube Forensic MD5 hard drive 1 135 Cost X Wal-Mart gift bags 1 962 Cost 11 0 1 0 Schedule M, Part I, Line 1 Photographic images were appraised by an independent professional art appraisal service at the market value of the items appraised at the time of the donation. Schedule M, Part I, Line 9 The University is reporting each separate gift of publicly traded securities. Schedule M, Part I, Line 31 Fairleigh Dickinson University maintains and adheres to a strict Gift Acceptance Policy that includes the review of non-standard contributions by the Gift Acceptance Committee. If the Committee is unable to reach a consensus on the acceptance of a gift, the decision will be referred to the Senior Vice President for University Advancement in consultation with the President and University Counsel. They may choose to make a recommendation to the Gift Acceptance Committee or refer a specific issue to the Board of Trustees for final resolution. Form 990, Part I, Line 6 The number of volunteers is determined by using actual headcount from the University's database. The total includes volunteer members of the University governing body. Volunteers provided benefits to a variety of University programs and departments such as athletics, bookstore, radio station, food services, campus ministries, and adjunct faculty. Form 990, Part VI, Section B, Line 11b The University's Board of Trustees assigned the primary responsibility for the detailed review of Form 990 to the Finance Audit and Budget Committee (the "FABC") of the Board. The FABC has worked closely with management to become familiar with the requirements and to ensure that the University's policies and procedures accurately reflect its operations. The draft Form 990 was reviewed by management with oversight responsibility prior to the submission to the governing body for review. The FABC reviewed the Form 990 (excluding Schedule B due to the confidential nature of the information) at its meeting on April 22nd, 2015 after receiving the draft document several days in advance. This review also included the University's officers. The draft Form 990 is subsequently revised as necessary and distributed by mail to all members of the Board of Trustees, allowing sufficient time for their review prior to the filing date. Form 990, Part VI, Section B, Line 12c Fairleigh Dickinson University is committed to the highest standards of ethics in all aspects of the operation of the University and has a written conflict of interest policy for all members of the University community (trustees, officers, faculty members, staff members, student employees, consultants or anyone else who has an official affiliation with the University). This policy requires trustees, officers, faculty members and staff members to avoid conflicts of interest and the appearance of impropriety in University transactions. Trustees, officers, and key employees are required to provide a signed conflict of interest disclosure annually to the University's general counsel, who is responsible for the administration of the policy. The policy states that no member shall make recommendations, vote, deliberate, or participate in decision-making where a conflict exists. The University's conflict of interest policy is also available on the University's website. The policy calls for any member of the University to make disclosures regarding policy violation to the general counsel for investigation. In addition, the University's Finance Department monitors payment requests and flags questionable items. Such items are referred to the general counsel for analysis, investigation, and guidance. Form 990, Part VI, Section B, Line 15 The Board of Trustees Compensation Committee is responsible for making recommendations to the Board of Trustees Executive Committee concerning compensation of the University President, and setting compensation and other terms and conditions of employment for officers of the University in consultation with the President. The process for determining compensation includes retaining an independent firm triennially to study executive compensation to assure that the compensation of each officer is consistent with market trend and in compliance with regulations. The most recent study was completed in 2013. The Compensation Committee is also responsible for conducting or commissioning any necessary survey or studies and report the results of such surveys and studies to the Board of Trustees. Meetings and decisions of the Committee are documented contemporaneously in Committee minutes. Form 990, Part VI, Section C, Line 18 The University's Form 990, Form 990-T and Form 1023 are made available to the general public by written request to the Associate VP of Finance, C/O Fairleigh Dickinson University, 1000 River Road, Teaneck, NJ 07666-1914, or by visiting either one of the University campus libraries located in Teaneck or Madison, New Jersey. Form 990, Part VI, Section C, Line 19 The University's conflict of interest policy and financial statements are made available to the general public on the University's website at WWW.FDU.edu/. The conflict of interest policy, financial statements and governing documents are also available upon written request to the Associate VP of Finance, C/O Fairleigh Dickinson University, 1000 River Road, Teaneck, NJ 07666-1914. Form 990, Part XI, Line 9 Change in the FMV of Trusts. Fairleigh Dickinson University of British Columbia Foundation 842 Cambie Street Vancouver British Columbia CA V6B 2P6 Education CA 10354586 10601298 Fairleigh Dickinson Univ HARBINGER CORPORATION c/o Fairleigh Dickinson Univ 1000 River Rd Teaneck NJ 07666 222317172 INACTIVE NJ N/A C -1625 500 1 0 CHARITABLE REMAINDER UNI-TRUST 2 2333 Southern Pines Place Deland FL 32724 TRUST NJ N/A T 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 CHARITABLE REMAINDER UNI-TRUST 2 a-i 9085 Cash Schedule R, Part I Fairleigh Dickinson University Vancouver Campus is a campus of Fairleigh Dickinson University in the United States. The Vancouver Campus is incorporated under the Society Act on July 19, 2006 at Victoria, BC, Canada and accredited by the British Columbia Ministry of Advanced Education.