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      <OtherSalariesAndWages>
        <Total>138101643</Total>
        <ProgramServices>117005978</ProgramServices>
        <ManagementAndGeneral>18768365</ManagementAndGeneral>
        <Fundraising>2327300</Fundraising>
      </OtherSalariesAndWages>
      <PensionPlanContributions>
        <Total>9710061</Total>
        <ProgramServices>8226805</ProgramServices>
        <ManagementAndGeneral>1319621</ManagementAndGeneral>
        <Fundraising>163635</Fundraising>
      </PensionPlanContributions>
      <OtherEmployeeBenefits>
        <Total>28094697</Total>
        <ProgramServices>23803102</ProgramServices>
        <ManagementAndGeneral>3818141</ManagementAndGeneral>
        <Fundraising>473454</Fundraising>
      </OtherEmployeeBenefits>
      <PayrollTaxes>
        <Total>9984498</Total>
        <ProgramServices>8297049</ProgramServices>
        <ManagementAndGeneral>1502656</ManagementAndGeneral>
        <Fundraising>184793</Fundraising>
      </PayrollTaxes>
      <FeesForServicesManagement>
        <Total>0</Total>
      </FeesForServicesManagement>
      <FeesForServicesLegal>
        <Total>384539</Total>
        <ProgramServices>62530</ProgramServices>
        <ManagementAndGeneral>318709</ManagementAndGeneral>
        <Fundraising>3300</Fundraising>
      </FeesForServicesLegal>
      <FeesForServicesAccounting>
        <Total>655491</Total>
        <ManagementAndGeneral>655491</ManagementAndGeneral>
      </FeesForServicesAccounting>
      <FeesForServicesLobbying>
        <Total>0</Total>
      </FeesForServicesLobbying>
      <FeesForServicesProfFundraising>
        <Total>502875</Total>
        <Fundraising>502875</Fundraising>
      </FeesForServicesProfFundraising>
      <FeesForServicesInvstMgmntFees>
        <Total>385536</Total>
        <ManagementAndGeneral>385536</ManagementAndGeneral>
      </FeesForServicesInvstMgmntFees>
      <FeesForServicesOther>
        <Total>9219729</Total>
        <ProgramServices>5858694</ProgramServices>
        <ManagementAndGeneral>2934098</ManagementAndGeneral>
        <Fundraising>426937</Fundraising>
      </FeesForServicesOther>
      <Advertising>
        <Total>4144527</Total>
        <ProgramServices>3570160</ProgramServices>
        <ManagementAndGeneral>497284</ManagementAndGeneral>
        <Fundraising>77083</Fundraising>
      </Advertising>
      <OfficeExpenses>
        <Total>10421490</Total>
        <ProgramServices>6626860</ProgramServices>
        <ManagementAndGeneral>3631839</ManagementAndGeneral>
        <Fundraising>162791</Fundraising>
      </OfficeExpenses>
      <InformationTechnology>
        <Total>2263477</Total>
        <ProgramServices>1179046</ProgramServices>
        <ManagementAndGeneral>975872</ManagementAndGeneral>
        <Fundraising>108559</Fundraising>
      </InformationTechnology>
      <Royalties>
        <Total>0</Total>
      </Royalties>
      <Occupancy>
        <Total>52152407</Total>
        <ProgramServices>45800481</ProgramServices>
        <ManagementAndGeneral>6351926</ManagementAndGeneral>
      </Occupancy>
      <Travel>
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        <ProgramServices>5392535</ProgramServices>
        <ManagementAndGeneral>762811</ManagementAndGeneral>
        <Fundraising>136696</Fundraising>
      </Travel>
      <TravelEntrtnmntPublicOfficials>
        <Total>0</Total>
      </TravelEntrtnmntPublicOfficials>
      <ConferencesMeetings>
        <Total>726424</Total>
        <ProgramServices>444673</ProgramServices>
        <ManagementAndGeneral>124338</ManagementAndGeneral>
        <Fundraising>157413</Fundraising>
      </ConferencesMeetings>
      <Interest>
        <Total>5060235</Total>
        <ProgramServices>4499521</ProgramServices>
        <ManagementAndGeneral>560714</ManagementAndGeneral>
      </Interest>
      <PaymentsToAffiliates>
        <Total>0</Total>
      </PaymentsToAffiliates>
      <DepreciationDepletion>
        <Total>10236813</Total>
        <ProgramServices>9251900</ProgramServices>
        <ManagementAndGeneral>984913</ManagementAndGeneral>
      </DepreciationDepletion>
      <Insurance>
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        <ProgramServices>615318</ProgramServices>
        <ManagementAndGeneral>372846</ManagementAndGeneral>
        <Fundraising>5000</Fundraising>
      </Insurance>
      <OtherExpenses>
        <Description>MEALS COSTS&amp;STUDENT ACTIVITY</Description>
        <Total>9210681</Total>
        <ProgramServices>8477828</ProgramServices>
        <ManagementAndGeneral>620603</ManagementAndGeneral>
        <Fundraising>112250</Fundraising>
      </OtherExpenses>
      <OtherExpenses>
        <Description>LIBRARY BOOK PURCHASES</Description>
        <Total>2339823</Total>
        <ProgramServices>2323309</ProgramServices>
        <ManagementAndGeneral>16514</ManagementAndGeneral>
      </OtherExpenses>
      <OtherExpenses>
        <Description>EQUIPMENT REPAIR/SMALL CAP</Description>
        <Total>1262278</Total>
        <ProgramServices>1088173</ProgramServices>
        <ManagementAndGeneral>174105</ManagementAndGeneral>
      </OtherExpenses>
      <OtherExpenses>
        <Description>LOSS ON REFUNDING OF DEBT</Description>
        <Total>4322084</Total>
        <ProgramServices>3843163</ProgramServices>
        <ManagementAndGeneral>478921</ManagementAndGeneral>
      </OtherExpenses>
      <AllOtherExpenses>
        <Total>6259796</Total>
        <ProgramServices>2497567</ProgramServices>
        <ManagementAndGeneral>3633547</ManagementAndGeneral>
        <Fundraising>128682</Fundraising>
      </AllOtherExpenses>
      <TotalFunctionalExpenses>
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        <ProgramServices>392185685</ProgramServices>
        <ManagementAndGeneral>52121837</ManagementAndGeneral>
        <Fundraising>5351008</Fundraising>
      </TotalFunctionalExpenses>
      <CashNonInterestBearing>
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        <EOY>0</EOY>
      </CashNonInterestBearing>
      <SavingsAndTempCashInvestments>
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      </SavingsAndTempCashInvestments>
      <PledgesAndGrantsReceivable>
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      <ReceivablesFromOfficersEtc>
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      <ReceivablesFromDisqualPersons>
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      <LandBuildingsEquipmentBasis>426355361</LandBuildingsEquipmentBasis>
      <LandBldgEquipmentAccumDeprec>157046102</LandBldgEquipmentAccumDeprec>
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      <TotalAssets>
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      <TaxExemptBondLiabilities>
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      <EscrowAccountLiability>
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      <LoansFromOfficersDirectors>
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      </LoansFromOfficersDirectors>
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      <UnsecuredNotesLoansPayable>
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        <EOY>95230391</EOY>
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      <TotalLiabilities>
        <BOY>323926216</BOY>
        <EOY>317016848</EOY>
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      <FollowSFAS117>X</FollowSFAS117>
      <UnrestrictedNetAssets>
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      <TotalNetAssetsFundBalances>
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        <EOY>160819793</EOY>
      </TotalNetAssetsFundBalances>
      <TotalLiabNetAssetsFundBalances>
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        <EOY>477836641</EOY>
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      <InfoInScheduleOPartXI>X</InfoInScheduleOPartXI>
      <ReconcilationRevenueExpenses>6581286</ReconcilationRevenueExpenses>
      <ReconciliationUnrealizedInvest>13626238</ReconciliationUnrealizedInvest>
      <ReconcilationDonatedServices>0</ReconcilationDonatedServices>
      <ReconcilationPriorAdjustment>0</ReconcilationPriorAdjustment>
      <ReconcilationOtherChanges>53186</ReconcilationOtherChanges>
      <MethodOfAccountingAccrual>X</MethodOfAccountingAccrual>
      <AccountantCompileOrReview>false</AccountantCompileOrReview>
      <FSAudited>true</FSAudited>
      <FSAuditedBasis>
        <FinancialStatementSeparate>X</FinancialStatementSeparate>
      </FSAuditedBasis>
      <AuditCommittee>true</AuditCommittee>
      <FederalGrantAuditRequired>true</FederalGrantAuditRequired>
      <FederalGrantAuditPerformed>true</FederalGrantAuditPerformed>
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    <IRS990ScheduleA documentId="IRS990ScheduleA">
      <School170b1Aii>X</School170b1Aii>
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    <IRS990ScheduleB documentId="IRS990ScheduleB">
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        <ContributorNameBusiness>
          <BusinessNameLine1>RESTRICTED</BusinessNameLine1>
        </ContributorNameBusiness>
        <ContributorAddressUS>
          <AddressLine1>RESTRICTED</AddressLine1>
          <AddressLine2>RESTRICTED</AddressLine2>
          <City>RESTRICTED</City>
          <State>RESTRICTED</State>
          <ZIPCode>RESTRICTED</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>RESTRICTED</AggregateContributions>
      </ContributorInfo>
    </IRS990ScheduleB>
    <IRS990ScheduleC documentId="IRS990ScheduleC">
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      <TotalDirectLobbying />
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      <TotalExemptPurposeExpenditures />
      <LobbyingNontaxableAmount />
      <GrassrootsNontaxableAmount />
      <TotLobbyingGrassrootMinusNonTx />
      <TotLobbyExpendMnsLobbyingNontx />
      <Volunteers>false</Volunteers>
      <PaidStaffOrManagement>true</PaidStaffOrManagement>
      <MediaAdvertisements>false</MediaAdvertisements>
      <MailingsMembers>true</MailingsMembers>
      <MailingsMembersAmount>150</MailingsMembersAmount>
      <PublicationsOrBroadcast>false</PublicationsOrBroadcast>
      <GrantsOtherOrganizations>false</GrantsOtherOrganizations>
      <DirectContactLegislators>true</DirectContactLegislators>
      <DirectContactLegislatorsAmount>4666</DirectContactLegislatorsAmount>
      <RalliesDemonstrations>false</RalliesDemonstrations>
      <OtherActivities>true</OtherActivities>
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      <NotDescribedIn501c3>false</NotDescribedIn501c3>
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        <ReturnReference>SCHEDULE C, PART II-B, QUESTIONS 1(B),1(G)</ReturnReference>
        <Explanation>LOBBYING IS NOT A SUBSTANTIAL PART OF PACE UNIVERSITY'S OVERALL BUDGET. PACE 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).</Explanation>
      </Form990ScheduleCPartIV>
      <Form990ScheduleCPartIV>
        <Identifier>OTHER LOBBYING ACTIVITIES</Identifier>
        <ReturnReference>SCHEDULE C, PART II-B, QUESTION 1(I)</ReturnReference>
        <Explanation>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.</Explanation>
      </Form990ScheduleCPartIV>
      <Form990ScheduleCPartIV>
        <Identifier>MAILINGS TO MEMBERS, LEGISLATORS, OR THE PUBLIC</Identifier>
        <ReturnReference>SCHEDULE C, PART II-B, QUESTION 1(D)</ReturnReference>
        <Explanation>Mailings were made to elected officials to advocate on behalf of student aid funding and/or legislative priorities.</Explanation>
      </Form990ScheduleCPartIV>
    </IRS990ScheduleC>
    <IRS990ScheduleD documentId="IRS990ScheduleD">
      <ArtPublicExhibitionAmts />
      <HeldWorksOfArtAmts />
      <CollectUsedForPublicExhibition>X</CollectUsedForPublicExhibition>
      <SolicitedAssetsForSale>false</SolicitedAssetsForSale>
      <CurrentYear>
        <BeginningOfYearBalance>121762155</BeginningOfYearBalance>
        <Contributions>2427072</Contributions>
        <InvestmentEarningsOrLosses>16795741</InvestmentEarningsOrLosses>
        <GrantsOrScholarships>1986567</GrantsOrScholarships>
        <OtherExpenditures>1364127</OtherExpenditures>
        <AdministrativeExpenses>0</AdministrativeExpenses>
        <EndOfYearBalance>137634274</EndOfYearBalance>
      </CurrentYear>
      <CurrentYearMinus1Year>
        <BeginningOfYearBalance>124108887</BeginningOfYearBalance>
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        <InvestmentEarningsOrLosses>-1963147</InvestmentEarningsOrLosses>
        <GrantsOrScholarships>1296268</GrantsOrScholarships>
        <OtherExpenditures>1580718</OtherExpenditures>
        <AdministrativeExpenses>0</AdministrativeExpenses>
        <EndOfYearBalance>121762155</EndOfYearBalance>
      </CurrentYearMinus1Year>
      <CurrentYearMinus2Years>
        <BeginningOfYearBalance>102527976</BeginningOfYearBalance>
        <Contributions>3441952</Contributions>
        <InvestmentEarningsOrLosses>20903392</InvestmentEarningsOrLosses>
        <GrantsOrScholarships>1502690</GrantsOrScholarships>
        <OtherExpenditures>1261743</OtherExpenditures>
        <AdministrativeExpenses>0</AdministrativeExpenses>
        <EndOfYearBalance>124108887</EndOfYearBalance>
      </CurrentYearMinus2Years>
      <CurrentYearMinus3Years>
        <BeginningOfYearBalance>92989794</BeginningOfYearBalance>
        <Contributions>3605979</Contributions>
        <InvestmentEarningsOrLosses>8484805</InvestmentEarningsOrLosses>
        <GrantsOrScholarships>1141470</GrantsOrScholarships>
        <OtherExpenditures>1411132</OtherExpenditures>
        <AdministrativeExpenses>0</AdministrativeExpenses>
        <EndOfYearBalance>102527976</EndOfYearBalance>
      </CurrentYearMinus3Years>
      <CurrentYearMinus4Years>
        <BeginningOfYearBalance>118836147</BeginningOfYearBalance>
        <Contributions>3855278</Contributions>
        <InvestmentEarningsOrLosses>-27283860</InvestmentEarningsOrLosses>
        <GrantsOrScholarships>1311619</GrantsOrScholarships>
        <OtherExpenditures>1106152</OtherExpenditures>
        <AdministrativeExpenses>0</AdministrativeExpenses>
        <EndOfYearBalance>92989794</EndOfYearBalance>
      </CurrentYearMinus4Years>
      <BoardDesignatedEOYBalance>0.06000</BoardDesignatedEOYBalance>
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      <TermEndowmentEOYBalance>0.42000</TermEndowmentEOYBalance>
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      <EndowmentsHeldByRelatedOrgs>false</EndowmentsHeldByRelatedOrgs>
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        <BookValue>12659093</BookValue>
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      <Buildings>
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        <Depreciation>96849249</Depreciation>
        <BookValue>211986494</BookValue>
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      <LeaseholdImprovements>
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        <Depreciation>12414003</Depreciation>
        <BookValue>17458411</BookValue>
      </LeaseholdImprovements>
      <Equipment>
        <OtherCostOrOtherBasis>73935078</OtherCostOrOtherBasis>
        <Depreciation>47782850</Depreciation>
        <BookValue>26152228</BookValue>
      </Equipment>
      <OtherLandBuildings>
        <OtherCostOrOtherBasis>1053033</OtherCostOrOtherBasis>
        <BookValue>1053033</BookValue>
      </OtherLandBuildings>
      <TotalOfBookValueLandBuildings>269309259</TotalOfBookValueLandBuildings>
      <FederalIncomeTaxLiability>0</FederalIncomeTaxLiability>
      <OtherLiabilities>
        <Description>DEFERRED RENTAL REVENUE</Description>
        <Amount>6609378</Amount>
      </OtherLiabilities>
      <OtherLiabilities>
        <Description>ACCRUED POSTRETIRE. BEN. OBLG.</Description>
        <Amount>85162816</Amount>
      </OtherLiabilities>
      <OtherLiabilities>
        <Description>ASSET RETIREMENT OBLIGATION</Description>
        <Amount>3458197</Amount>
      </OtherLiabilities>
      <TotalOfAmounts>95230391</TotalOfAmounts>
      <FootnoteInPartXIII>X</FootnoteInPartXIII>
      <TotRevenueEtcAuditedFinclStmt>341995302</TotRevenueEtcAuditedFinclStmt>
      <NetUnrealizedGainsInvestments>13626238</NetUnrealizedGainsInvestments>
      <OtherRevenues>2911664</OtherRevenues>
      <RevenueNotRptdF990>16537902</RevenueNotRptdF990>
      <RevenueSubtotal>325457400</RevenueSubtotal>
      <InvestmentExpensesNotIncluded>385536</InvestmentExpensesNotIncluded>
      <OtherRevenuesNotIncluded>130396880</OtherRevenuesNotIncluded>
      <RevenueNotRptdOnFinStmt>130782416</RevenueNotRptdOnFinStmt>
      <TotalRevenuePerForm990>456239816</TotalRevenuePerForm990>
      <TotExpensesEtcAuditedFinclStmt>321734592</TotExpensesEtcAuditedFinclStmt>
      <OtherExpensesIncluded>2858478</OtherExpensesIncluded>
      <ExpensesNotRptdF990>2858478</ExpensesNotRptdF990>
      <ExpensesSubtotal>318876114</ExpensesSubtotal>
      <InvestmentExpensesNotIncluded2>385536</InvestmentExpensesNotIncluded2>
      <OtherExpensesNotIncluded>130396880</OtherExpensesNotIncluded>
      <ExpensesNotRptdOnFinStmt>130782416</ExpensesNotRptdOnFinStmt>
      <TotalExpensesPerForm990>449658530</TotalExpensesPerForm990>
      <Form990ScheduleDPartXIII>
        <Identifier>Collections of Art</Identifier>
        <ReturnReference>SCHEDULE D, PART III, QUESTIONS 1A AND 4</ReturnReference>
        <Explanation>PACE 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 COLLECTIONS IS NOT MATERIAL TO THE UNIVERSITY AS A WHOLE, THE FOOTNOTES TO THE FINANCIAL STATEMENTS DO NOT INCLUDE RELATED TEXT.</Explanation>
      </Form990ScheduleDPartXIII>
      <Form990ScheduleDPartXIII>
        <Identifier>INTENDED USES OF ENDOWMENT FUNDS</Identifier>
        <ReturnReference>SCHEDULE D, PART V, QUESTION 4</ReturnReference>
        <Explanation>The University's endowment consists of approximately 390 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.</Explanation>
      </Form990ScheduleDPartXIII>
      <Form990ScheduleDPartXIII>
        <Identifier>FEDERAL INCOME TAX</Identifier>
        <ReturnReference>SCHEDULE D, PART X, LINE 2</ReturnReference>
        <Explanation>At June 30, 2013 and 2012, the University had no liabilities recorded for uncertain tax positions.</Explanation>
      </Form990ScheduleDPartXIII>
      <Form990ScheduleDPartXIII>
        <Identifier>OTHER AMOUNTS INCLUDED IN BOOKS BUT NOT IN RETURN</Identifier>
        <ReturnReference>SCHEDULE D, PART XI, LINE 2D</ReturnReference>
        <Explanation>DESCRIPTION AMOUNT RENT EXPENSE $2,218,757 SPECIAL EVENTS EXPENSE $ 639,721 CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS $ 53,186</Explanation>
      </Form990ScheduleDPartXIII>
      <Form990ScheduleDPartXIII>
        <Identifier>OTHER AMOUNTS INCLUDED IN RETURN BUT NOT IN BOOKS</Identifier>
        <ReturnReference>SCHEDULE D, PART XI, LINE 4B</ReturnReference>
        <Explanation>DESCRIPTION AMOUNT SCHOLARSHIPS $130,396,880</Explanation>
      </Form990ScheduleDPartXIII>
      <Form990ScheduleDPartXIII>
        <Identifier>OTHER EXPENSES INCLUDED IN BOOKS BUT NOT IN RETURN</Identifier>
        <ReturnReference>SCHEDULE D, PART XII, LINE 2D</ReturnReference>
        <Explanation>DESCRIPTION AMOUNT RENT EXPENSE $2,218,757 SPECIAL EVENTS EXPENSE $ 639,721</Explanation>
      </Form990ScheduleDPartXIII>
      <Form990ScheduleDPartXIII>
        <Identifier>OTHER EXPENSES INCLUDED IN RETURN BUT NOT IN BOOKS</Identifier>
        <ReturnReference>SCHEDULE D, PART XII, LINE 4B</ReturnReference>
        <Explanation>DESCRIPTION AMOUNT SCHOLARSHIPS $130,396,880</Explanation>
      </Form990ScheduleDPartXIII>
    </IRS990ScheduleD>
    <IRS990ScheduleE documentId="IRS990ScheduleE">
      <NondiscriminatoryPolicyStmt>true</NondiscriminatoryPolicyStmt>
      <PolicyStatementInBrochuresEtc>true</PolicyStatementInBrochuresEtc>
      <PolicyPublViaBroadcastMedia>true</PolicyPublViaBroadcastMedia>
      <MaintRacialCompositionRecords>true</MaintRacialCompositionRecords>
      <MaintScholarshipsRecords>true</MaintScholarshipsRecords>
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      <MaintCopiesOfAllSolicitations>true</MaintCopiesOfAllSolicitations>
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      <DiscriminateRaceAdmissPolicies>false</DiscriminateRaceAdmissPolicies>
      <DiscriminateRaceEmplmnFaculty>false</DiscriminateRaceEmplmnFaculty>
      <DiscriminateRaceScholarships>false</DiscriminateRaceScholarships>
      <DiscriminateRaceEducPolicies>false</DiscriminateRaceEducPolicies>
      <DiscriminateRaceUseOfFclts>false</DiscriminateRaceUseOfFclts>
      <DiscriminateRaceAthleticProg>false</DiscriminateRaceAthleticProg>
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      <GovernmentFinancialAidReceived>true</GovernmentFinancialAidReceived>
      <GovernmentFinancialAidRevoked>false</GovernmentFinancialAidRevoked>
      <ComplianceWithRevProc7550>true</ComplianceWithRevProc7550>
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        <ReturnReference>SCHEDULE E, PART I, QUESTION 3</ReturnReference>
        <Explanation>The Enrollment Marketing team and the University's Relations Marketing team know of the requirement and ensure that this language appears in all promotional materials.</Explanation>
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      <Form990ScheduleEPartII>
        <Identifier>FINANCIAL AID FROM GOVERNMENTAL AGENCIES</Identifier>
        <ReturnReference>SCHEDULE E, PART I, QUESTION 6A</ReturnReference>
        <Explanation>The 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).</Explanation>
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      <AcctsActvsOutUSTable>
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        <TotalExpenditures>2376</TotalExpenditures>
      </AcctsActvsOutUSTable>
      <AcctsActvsOutUSTable>
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        <NumberOfEmployees>2</NumberOfEmployees>
        <TypeOfActivitiesConducted>Program Services</TypeOfActivitiesConducted>
        <SpecificServicesProvided>TRAVEL COURSES</SpecificServicesProvided>
        <TotalExpenditures>25963</TotalExpenditures>
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      <AcctsActvsOutUSTable>
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        <NumberOfEmployees>7</NumberOfEmployees>
        <TypeOfActivitiesConducted>Program Services</TypeOfActivitiesConducted>
        <SpecificServicesProvided>STUDENT RECRUITMENT</SpecificServicesProvided>
        <TotalExpenditures>18074</TotalExpenditures>
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      <AcctsActvsOutUSTable>
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        <NumberOfEmployees>11</NumberOfEmployees>
        <TypeOfActivitiesConducted>Program Services</TypeOfActivitiesConducted>
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        <TotalExpenditures>12212</TotalExpenditures>
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      <AcctsActvsOutUSTable>
        <Region>South America</Region>
        <NumberOfEmployees>3</NumberOfEmployees>
        <TypeOfActivitiesConducted>Program Services</TypeOfActivitiesConducted>
        <SpecificServicesProvided>STUDENT RECRUITMENT</SpecificServicesProvided>
        <TotalExpenditures>1789</TotalExpenditures>
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      <AcctsActvsOutUSTable>
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        <NumberOfEmployees>10</NumberOfEmployees>
        <TypeOfActivitiesConducted>Program Services</TypeOfActivitiesConducted>
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        <TotalExpenditures>26111</TotalExpenditures>
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      <AcctsActvsOutUSTable>
        <Region>East Asia and the Pacific</Region>
        <NumberOfEmployees>1</NumberOfEmployees>
        <TypeOfActivitiesConducted>Program Services</TypeOfActivitiesConducted>
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        <TotalExpenditures>530</TotalExpenditures>
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      <AcctsActvsOutUSTable>
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        <NumberOfEmployees>1</NumberOfEmployees>
        <TypeOfActivitiesConducted>Program Services</TypeOfActivitiesConducted>
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      <AcctsActvsOutUSTable>
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        <NumberOfEmployees>3</NumberOfEmployees>
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      <AcctsActvsOutUSTable>
        <Region>Europe (Including Iceland and Greenland)</Region>
        <NumberOfEmployees>1</NumberOfEmployees>
        <TypeOfActivitiesConducted>Grantmaking</TypeOfActivitiesConducted>
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      <AcctsActvsOutUSTable>
        <Region>Central America and the Caribbean</Region>
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      <InterestInForeignTrust>false</InterestInForeignTrust>
      <OwnForeignCorp>true</OwnForeignCorp>
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      <FundraiserActivityInformation>
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      <LicensedStates>NY</LicensedStates>
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        <EntertainmentEvent2>0</EntertainmentEvent2>
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        <EntertainmentOtherEvents>0</EntertainmentOtherEvents>
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        <Identifier>Custody or Control of Contributions</Identifier>
        <ReturnReference>Schedule G, Part I, Line 2b (iii)</ReturnReference>
        <Explanation>Hospitality Resource Group (HRG) receives gifts by mail (checks and credit card authorizations) for Pace University events directly from various donors. HRG overnights them within three business days to the university's gift lockbox for deposit or charge (in the case of credit cards).</Explanation>
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      <Form990ScheduleIPartIV>
        <Identifier>MONITORING USE OF GRANT FUNDS IN THE US</Identifier>
        <ReturnReference>SCHEDULE I, PART I, LINE 2</ReturnReference>
        <Explanation>THE 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 performance and the income data provided on the Free Application for Federal Student Aid (FAFSA) of each student to determine the amount of aid awarded, as needed. 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.</Explanation>
      </Form990ScheduleIPartIV>
    </IRS990ScheduleI>
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      <ClubDuesOrFees>X</ClubDuesOrFees>
      <PersonalServices>X</PersonalServices>
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      <SubstantiationRequired>true</SubstantiationRequired>
      <CompensationCommittee>X</CompensationCommittee>
      <Form990OfOtherOrganizations>X</Form990OfOtherOrganizations>
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      <CompensationSurvey>X</CompensationSurvey>
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      <SupplementalNonqualRetirePlan>false</SupplementalNonqualRetirePlan>
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      <CompBasedNetEarningsRelateOrgs>false</CompBasedNetEarningsRelateOrgs>
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      <InitialContractException>false</InitialContractException>
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        <NamePerson>Joseph F Ryan</NamePerson>
        <Title>Trustee, Full Time Faculty</Title>
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        <NamePerson>Uday Sukhatme SCD</NamePerson>
        <Title>Provost &amp; EVP Academic Affairs</Title>
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        <NamePerson>Robert GM Keating</NamePerson>
        <Title>VP Strategic Initiatives</Title>
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        <NamePerson>William McGrath</NamePerson>
        <Title>SVP &amp; Chief Admin Officer</Title>
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        <CompReportPrior990RelatedOrgs>0</CompReportPrior990RelatedOrgs>
      </Form990ScheduleJPartII>
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        <NamePerson>Robina C Schepp</NamePerson>
        <Title>VP Enrollment AND Placement</Title>
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        <Identifier>Trustees Joseph F. Ryan and Marie J. Toulantis</Identifier>
        <ReturnReference>PART VII AND SCHEDULE J</ReturnReference>
        <Explanation>COMPENSATION TO TRUSTEES JOSEPH F. RYAN AND MARIE J. TOULANTIS IS BASED UPON THEIR RESPECTIVE FACULTY AND STAFF POSITIONS THEY HELD AT PACE UNIVERSITY DURING CALENDAR 2012 AND ARE NOT RELATED TO THEIR ROLE AS TRUSTEES. THE AVERAGE HOURS PER WEEK DISCLOSED IS FOR THEIR ROLE AS TRUSTEES. Ms. TOULANTIS served as Interim Vice President for University Relations from November 14, 2011 to August 3, 2012.</Explanation>
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        <Identifier>ROBERT C. ALMON, FORMER EVP FINANCE AND PLANNING AND CFO</Identifier>
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        <Explanation>Mr. 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.</Explanation>
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        <Identifier>HOUSING ALLOWANCE, SOCIAL CLUB DUES AND CHAUFFEUR SERVICES</Identifier>
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        <Explanation>Short Term housing allowances are occasionally provided per initial hiring agreements and are treated as taxable compensation. Chauffeur services are provided per employment contracts for University business; any personal travel expenses are treated as taxable compensation to the respective officer. Social club dues are paid in accordance with individual employment contracts or business considerations.</Explanation>
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        <Identifier>NON-FIXED PAYMENTS</Identifier>
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        <Explanation>Certain officers earned non-fixed payments either based on successful completion of individual/divisional/university wide strategic and operational goals or based on taking on additional responsibilities or roles. In addition, one officer has been receiving a mileage stipend as part of his employment contract and others were paid for reimbursement of relocation expenses per their hiring agreement. All non-fixed payments paid by Pace in Calendar 2012 have been included in Part VII and Schedule J compensation reporting.</Explanation>
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        <Identifier>BOND PROCEEDS AND CURRENT VALUES</Identifier>
        <ReturnReference>Schedule K, Part II, LINE 3</ReturnReference>
        <Explanation>THE AMOUNT IN LINE 3 REPRESENTS THE ORIGINAL ISSUANCE OF $104,775,845 (INCLUDING $95,840,000 OF PRINCIPAL AND $8,935,845 OF PREMIUM) AND ACCUMULATED INVESTMENT EARNINGS ON THE RELATED CONSTRUCTION FUND THROUGH JUNE 30, 2013 OF $1,335. THE OUTSTANDING BONDS BALANCE AT JUNE 30, 2013 AMOUNTED TO $104,673,721, INCLUDING $95,840,000 OF PRINCIPAL AND UNAMORTIZED PREMIUM OF $8,833,721.</Explanation>
      </Form990ScheduleKPartVI>
      <Form990ScheduleKPartVI>
        <Identifier>ISSUANCE COSTS FROM PROCEEDS</Identifier>
        <ReturnReference>SCHEDULE K, PART II, LINE 7</ReturnReference>
        <Explanation>THE AMOUNT IN LINE 7 REPRESENTS COSTS OF ISSUANCE SUBJECT TO THE TWO PERCENT LIMIT OF CODE SECTION 147(G).</Explanation>
      </Form990ScheduleKPartVI>
      <Form990ScheduleKPartVI>
        <Identifier>MULTIPURPOSE BONDS</Identifier>
        <ReturnReference>SCHEDULE K, PART II, LINE 13 AND PART III</ReturnReference>
        <Explanation>The Series 2013A Bonds were issued as multipurpose bonds in accordance with the provisions of Section 1.148-9(h)(4) of the Treasury Regulations, partly for the purpose of refunding the 2005A Bonds, originally issued prior to the 2003 effective date of Part III (Refunding Portion), as well as for the purpose of providing funding for new capital projects (New Money). Part III is therefore only completed for the New Money. The completion date in Part II, Line 13, and the Yes answer to line 16, refer to the refunding portion. The completion date for the New Money is expected to be 2016.</Explanation>
      </Form990ScheduleKPartVI>
      <Form990ScheduleKPartVI>
        <Identifier>Private Business Use</Identifier>
        <ReturnReference>Schedule K, Part III, Lines 4 and 5</ReturnReference>
        <Explanation>The percentage of financed property used in a private business use by 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 carried on by the University, another 501( c)(3) organization or a state or local government, is zero.</Explanation>
      </Form990ScheduleKPartVI>
    </IRS990ScheduleK>
    <IRS990ScheduleL documentId="IRS990ScheduleL">
      <Form990ScheduleLPartIV>
        <NameOfInterestedPerson>
          <NamePerson>POONAM GUPTAPACE STUDEN ASSISTANCE</NamePerson>
        </NameOfInterestedPerson>
        <Relationship>SPOUSE OF KEY EMPLOYEE</Relationship>
        <AmountOfTransaction>11525</AmountOfTransaction>
        <DescriptionOfTransaction>COMPENSATION, PART TIME STAFF</DescriptionOfTransaction>
        <SharingOfRevenues>false</SharingOfRevenues>
      </Form990ScheduleLPartIV>
      <Form990ScheduleLPartIV>
        <NameOfInterestedPerson>
          <NamePerson>MEDHA U SUKHATME ENROLLMENT MGT</NamePerson>
        </NameOfInterestedPerson>
        <Relationship>SPOUSE OF KEY EMPLOYEE</Relationship>
        <AmountOfTransaction>17815</AmountOfTransaction>
        <DescriptionOfTransaction>COMPENSATION, FULL TIME STAFF</DescriptionOfTransaction>
        <SharingOfRevenues>false</SharingOfRevenues>
      </Form990ScheduleLPartIV>
    </IRS990ScheduleL>
    <IRS990ScheduleM documentId="IRS990ScheduleM">
      <WorksOfArt>
        <NonCashCheckbox>X</NonCashCheckbox>
        <NumberOfContributions>29</NumberOfContributions>
        <NoncashContribsRptdF990>3</NoncashContribsRptdF990>
        <MethodOfDeterminingRevenues>MEMO ENTRY</MethodOfDeterminingRevenues>
      </WorksOfArt>
      <ArtHistoricalTreasures />
      <ArtFractionalInterest />
      <BooksAndPublications />
      <ClothingAndHouseholdGoods />
      <CarsAndOtherVehicles />
      <BoatsAndPlanes />
      <IntellectualProperty />
      <SecuritiesPubliclyTraded>
        <NonCashCheckbox>X</NonCashCheckbox>
        <NumberOfContributions>30</NumberOfContributions>
        <NoncashContribsRptdF990>620494</NoncashContribsRptdF990>
        <MethodOfDeterminingRevenues>QUOTED PRICES</MethodOfDeterminingRevenues>
      </SecuritiesPubliclyTraded>
      <SecuritiesCloselyHeldStock />
      <SecuritiesPrtnrshpTrustIntrsts />
      <SecuritiesMiscellaneous />
      <QualifiedContribHistStruct />
      <QualifiedContribOther />
      <RealEstateResidential />
      <RealEstateCommercial />
      <RealEstateOther />
      <Collectibles />
      <FoodInventory />
      <DrugsAndMedicalSupplies />
      <Taxidermy />
      <HistoricalArtifacts />
      <ScientificSpecimens />
      <ArchaeologicalArtifacts />
      <OtherNonCashContributionsTable>
        <NonCashCheckbox>X</NonCashCheckbox>
        <Description>VARIOUS ITEMS FOR AUCTION AT FUNDRAISING EVENTS</Description>
        <NumberOfContributions>209</NumberOfContributions>
        <NoncashContribsRptdF990>25997</NoncashContribsRptdF990>
        <MethodOfDeterminingRevenues>RETAIL VALUE</MethodOfDeterminingRevenues>
      </OtherNonCashContributionsTable>
      <OtherNonCashContributionsTable>
        <NonCashCheckbox>X</NonCashCheckbox>
        <Description>COMPUTER HARDWARE</Description>
        <NumberOfContributions>55</NumberOfContributions>
        <NoncashContribsRptdF990>12614</NoncashContribsRptdF990>
        <MethodOfDeterminingRevenues>RETAIL VALUE</MethodOfDeterminingRevenues>
      </OtherNonCashContributionsTable>
      <NumberOf8283Received>2</NumberOf8283Received>
      <AnyPropertyThatMustBeHeld>false</AnyPropertyThatMustBeHeld>
      <ReviewProcessUnusualNCGifts>true</ReviewProcessUnusualNCGifts>
      <ThirdPartiesUsed>false</ThirdPartiesUsed>
    </IRS990ScheduleM>
    <IRS990ScheduleO documentId="IRS990ScheduleO">
      <GeneralExplanation>
        <Identifier>Form 990 Review Process</Identifier>
        <ReturnReference>Core Form, Part VI, Section B, Line 11A</ReturnReference>
        <Explanation>The Form 990 is prepared by the University's Controller. It is reviewed by the University's President, Chief Financial Officer and in-house legal counsel. A review is also performed by the University's outside tax advisors. The 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 the Form 990 to all members of the Board of Trustees before it is filed.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>COMPLIANCE WITH CONFLICT OF INTEREST POLICY</Identifier>
        <ReturnReference>CORE FORM, PART VI, SECTION B, LINE 12(C)</ReturnReference>
        <Explanation>Annual officer and key employee disclosure forms are reviewed by the Associate Vice President of Human Resources and University Counsel. Potential officer and key employee conflicts are vetted with supervisors in consultation with the Associate Vice President of Human Resources and University Counsel. Annual trustee disclosure forms are reviewed by University Counsel, who prepares a spreadsheet listing trustee conflicts for the Board's committee on trustees. This list is used as a guide to ensure that conflicted trustees are recused from discussions and votes when appropriate.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>PROCESS FOR DETERMINING COMPENSATION FOR OFFICERS AND KEY EMPLOYEES</Identifier>
        <ReturnReference>CORE FORM, PART VI, SECTION B, LINE 15</ReturnReference>
        <Explanation>Each year, the Chair of the Board of Trustees asks the Human Resources department of the University to collect comparative presidential compensation data from the College and University Professional Association for Human Resources (CUPA-HR), as well as published 990 data from such sources as the Chronicle of Higher Education, to use in setting the annual compensation of the President of the University for the upcoming year. With respect to other University officers, each year prior comparability data from our peer institutions is collected and summarized for review by the President(9 comparable doctoral class institutions of similar size, scope and organizational complexity, locally and nationally, that are used as comparators for several academic and financial scopes across the university). This data, which is obtained via survey, and, in some years, via outside independent consultant, is used by the President, to propose compensation adjustments to the independent Compensation Committee of the Board of Trustees. The University's President does not take part in Board votes relating to matters involving his compensation, benefits and other terms and conditions of his employment, or participate in or attend Board discussions relating thereto, except he may provide information or respond to questions when requested to do so by the Compensation Committee. The University further has a robust performance evaluation process in place, the results of which are considered during the compensation determination process. The competitive data is also used in 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 decisions and the discussions surrounding those decisions are written by the Special Assistant to the Board of Trustees and filed with the University Archivist, along with the minutes of the meetings for documentation and historical record.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>FINANCIAL ACCOUNTS IN A FOREIGN COUNTRY</Identifier>
        <ReturnReference>CORE FORM, PART V, LINE 4</ReturnReference>
        <Explanation>The University's financial holdings in a foreign country were limited to equity interests in commingled investment vehicles. Accordingly, the University was not required to file Form TD F 90-22.1 Report of Foreign Bank and Financial Accounts.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>AVAILABILITY OF GOVERNING AND OTHER DOCUMENTS TO THE PUBLIC</Identifier>
        <ReturnReference>CORE FORM, PART VI, SECTION C, LINE 19</ReturnReference>
        <Explanation>The University's financial statements and 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.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>OTHER PROGRAM SERVICE ACTIVITIES</Identifier>
        <ReturnReference>CORE FORM, PART III, LINE 4D</ReturnReference>
        <Explanation>BELOW IS A DESCRIPTION OF OTHER SIGNIFICANT PROGRAM SERVICE ACTIVITIES: ACADEMIC SUPPORT - TO PROVIDE FACILITIES AND PERSONNEL TO SUPPORT INSTRUCTIONAL STAFF IN THE EDUCATIONAL EFFORT (I.E. LIBRARIES, ACADEMIC COMPUTER CENTERS, AUDIO VISUAL AIDES, ETC). STUDENT SERVICES - TO MEET NON-INSTRUCTIONAL NEEDS OF STUDENTS SUCH AS ADMISSIONS, REGISTRATION, COUNSELING, CAREER PLANNING, 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.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>OTHER CHANGES IN NET ASSETS</Identifier>
        <ReturnReference>PART XI, LINE 9</ReturnReference>
        <Explanation>DESCRIPTION AMOUNT CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS $53,186</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>CHANGES TO ORGANIZATIONAL DOCUMENTS</Identifier>
        <ReturnReference>CORE FORM, PART VI, SECTION A, LINE 4</ReturnReference>
        <Explanation>ON JULY 31, 2013 THE UNIVERSITY'S BOARD OF TRUSTEES APPROVED UPDATED BY-LAWS. THE UPDATES WERE MADE TO COMBINE THE CURRENTLY SEPARATE INVESTMENT AND PENSION SPECIAL COMMITTEES INTO ONE INVESTMENT AND PENSION COMMITTEE. WE DO NOT CONSIDER THE NOTED CHANGE TO BE SIGNIFICANT.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>WHISTLEBLOWER AND DOCUMENT RETENTION AND DESTRUCTION POLICIES</Identifier>
        <ReturnReference>PART VI, SECTION B, LINES 13 AND 14</ReturnReference>
        <Explanation>The University had written whistleblower and document retention and destruction policies in place during fiscal year 2013 (adopted by the Board of Trustees in its September 13, 2012 meeting).</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
    <IRS990ScheduleR documentId="IRS990ScheduleR">
      <Form990ScheduleRPartII>
        <NameOfDisregardedEntity>
          <BusinessNameLine1>SECOND CENTURY INNOVATIONS AND IDEAS</BusinessNameLine1>
        </NameOfDisregardedEntity>
        <AddressUS>
          <AddressLine1>163 WILLIAM STREET 3RD FLOOR</AddressLine1>
          <City>NEW YORK</City>
          <State>NY</State>
          <ZIPCode>10038</ZIPCode>
        </AddressUS>
        <EIN>571191089</EIN>
        <PrimaryActivities>INCUBATOR</PrimaryActivities>
        <LegalDomicileState>NY</LegalDomicileState>
        <ExemptCodeSection>501(C)(3)</ExemptCodeSection>
        <PublicCharityStatus>7</PublicCharityStatus>
        <DirectControllingEntityName>
          <BusinessNameLine1>NA</BusinessNameLine1>
        </DirectControllingEntityName>
        <ControlledOrg>true</ControlledOrg>
      </Form990ScheduleRPartII>
      <Form990ScheduleRPartII>
        <NameOfDisregardedEntity>
          <BusinessNameLine1>PACE ENVIRONMENTAL LITIGATION CLINIC</BusinessNameLine1>
        </NameOfDisregardedEntity>
        <AddressUS>
          <AddressLine1>78 NORTH BROADWAY</AddressLine1>
          <City>WHITE PLAINS</City>
          <State>NY</State>
          <ZIPCode>10603</ZIPCode>
        </AddressUS>
        <EIN>133709483</EIN>
        <PrimaryActivities>EDUCATION</PrimaryActivities>
        <LegalDomicileState>NY</LegalDomicileState>
        <ExemptCodeSection>501(C)(3)</ExemptCodeSection>
        <PublicCharityStatus>11(A)</PublicCharityStatus>
        <DirectControllingEntityName>
          <BusinessNameLine1>NA</BusinessNameLine1>
        </DirectControllingEntityName>
        <ControlledOrg>true</ControlledOrg>
      </Form990ScheduleRPartII>
      <Form990ScheduleRPartII>
        <NameOfDisregardedEntity>
          <BusinessNameLine1>JOHN JAY LEGAL SERVICES INC</BusinessNameLine1>
        </NameOfDisregardedEntity>
        <AddressUS>
          <AddressLine1>80 NORTH BROADWAY</AddressLine1>
          <City>WHITE PLAINS</City>
          <State>NY</State>
          <ZIPCode>10603</ZIPCode>
        </AddressUS>
        <EIN>133403308</EIN>
        <PrimaryActivities>EDUCATION</PrimaryActivities>
        <LegalDomicileState>NY</LegalDomicileState>
        <ExemptCodeSection>501(C)(3)</ExemptCodeSection>
        <PublicCharityStatus>11(A)</PublicCharityStatus>
        <DirectControllingEntityName>
          <BusinessNameLine1>NA</BusinessNameLine1>
        </DirectControllingEntityName>
        <ControlledOrg>true</ControlledOrg>
      </Form990ScheduleRPartII>
      <Form990ScheduleRPartIV>
        <NameOfRelatedOrg>
          <BusinessNameLine1>Charitable Remainder Unitrust (1)</BusinessNameLine1>
        </NameOfRelatedOrg>
        <PrimaryActivity>Trust Distrib</PrimaryActivity>
        <LegalDomicileState>NY</LegalDomicileState>
        <DirectControllingEntityName>
          <BusinessNameLine1>PACE UNIVERSITY</BusinessNameLine1>
        </DirectControllingEntityName>
        <TypeOfEntity>T</TypeOfEntity>
        <ControlledOrg>false</ControlledOrg>
      </Form990ScheduleRPartIV>
      <Form990ScheduleRPartIV>
        <NameOfRelatedOrg>
          <BusinessNameLine1>Unitrust (1)</BusinessNameLine1>
        </NameOfRelatedOrg>
        <PrimaryActivity>Trust Distrib</PrimaryActivity>
        <LegalDomicileState>NY</LegalDomicileState>
        <DirectControllingEntityName>
          <BusinessNameLine1>PACE UNIVERSITY</BusinessNameLine1>
        </DirectControllingEntityName>
        <TypeOfEntity>T</TypeOfEntity>
        <ControlledOrg>false</ControlledOrg>
      </Form990ScheduleRPartIV>
      <Form990ScheduleRPartIV>
        <NameOfRelatedOrg>
          <BusinessNameLine1>Pooled Life Income Fund (1)</BusinessNameLine1>
        </NameOfRelatedOrg>
        <PrimaryActivity>Trust Distrib</PrimaryActivity>
        <LegalDomicileState>NY</LegalDomicileState>
        <DirectControllingEntityName>
          <BusinessNameLine1>PACE UNIVERSITY</BusinessNameLine1>
        </DirectControllingEntityName>
        <TypeOfEntity>T</TypeOfEntity>
        <ControlledOrg>false</ControlledOrg>
      </Form990ScheduleRPartIV>
      <ReceiptOfIntAnnRentsRoyalties>true</ReceiptOfIntAnnRentsRoyalties>
      <GiftGrantOrCapContrToOtherOrg>false</GiftGrantOrCapContrToOtherOrg>
      <GiftGrantOrCapContrFrOtherOrg>false</GiftGrantOrCapContrFrOtherOrg>
      <LoansOrGuaranteesToOtherOrg>false</LoansOrGuaranteesToOtherOrg>
      <LoansOrGuaranteesFromOtherOrg>false</LoansOrGuaranteesFromOtherOrg>
      <DividendsRelatedOrganization>false</DividendsRelatedOrganization>
      <SaleOfAssetsToOtherOrg>false</SaleOfAssetsToOtherOrg>
      <PurchaseOfAssetsFromOtherOrg>false</PurchaseOfAssetsFromOtherOrg>
      <ExchangeOfAssets>false</ExchangeOfAssets>
      <RentalOfFacilitiesToOtherOrgs>false</RentalOfFacilitiesToOtherOrgs>
      <RentalOfFacilitiesFrOtherOrgs>false</RentalOfFacilitiesFrOtherOrgs>
      <PerformOfServicesForOtherOrgs>false</PerformOfServicesForOtherOrgs>
      <PerformOfServicesByOtherOrgs>false</PerformOfServicesByOtherOrgs>
      <SharingOfFacilities>true</SharingOfFacilities>
      <SharingOfPaidEmployees>true</SharingOfPaidEmployees>
      <ReimbursementPaidToOtherOrg>false</ReimbursementPaidToOtherOrg>
      <ReimbursementPaidByOtherOrg>false</ReimbursementPaidByOtherOrg>
      <OtherTransferToOtherOrg>false</OtherTransferToOtherOrg>
      <OtherTransferFromOtherOrg>false</OtherTransferFromOtherOrg>
      <TransactionsRelatedOrgsTable>
        <NameOfOtherOrganization>
          <BusinessNameLine1>SECOND CENTURY INNOVATIONS AND IDEAS</BusinessNameLine1>
        </NameOfOtherOrganization>
        <TransactionType>SHARE</TransactionType>
        <AmountInvolved>0</AmountInvolved>
      </TransactionsRelatedOrgsTable>
      <TransactionsRelatedOrgsTable>
        <NameOfOtherOrganization>
          <BusinessNameLine1>PACE ENVIRONMENTAL LITIGATION CLINIC</BusinessNameLine1>
        </NameOfOtherOrganization>
        <TransactionType>SHARE</TransactionType>
        <AmountInvolved>0</AmountInvolved>
      </TransactionsRelatedOrgsTable>
      <TransactionsRelatedOrgsTable>
        <NameOfOtherOrganization>
          <BusinessNameLine1>JOHN JAY LEGAL SERVICES INC</BusinessNameLine1>
        </NameOfOtherOrganization>
        <TransactionType>SHARE</TransactionType>
        <AmountInvolved>0</AmountInvolved>
      </TransactionsRelatedOrgsTable>
      <Form990ScheduleRPartVII>
        <Identifier>Related Tax Exempt Organizations</Identifier>
        <ReturnReference>SCHEDULE R, PART V</ReturnReference>
        <Explanation>The disclosed related entities do not have separate facilities or employees. They operate out of Pace University facilities and managed by Pace University's employees. Second Century Innovations and Ideas Corporation ("SCI2") nurtures young firms and helps them survive and grow during the startup period when they are most vulnerable. SCI2 provides hands-on management assistance, access to financing and orchestrates exposure to critical business or technical support services. A unanimous written consent was signed on May 8, 2012 by all of the Directors and Members of SCI2 adopting a Plan and authorizing the filing of a Certificate of Dissolution in accordance with section 1003 of the New York State Not-for-Profit Corporation Law. Pursuant to sections 404(b)-(u), 1002(c), and 1003(b)(1) of the New York State Not-for-Profit Corporation Law, the New York State Education Department's consent to the filing with the New York State Department of State of the Corporation's certificate of dissolution was obtained on June 6, 2012. SCI2 was dissolved on June 28, 2013. Pace Environmental Litigation Clinic educates law students and provides public interest legal services to not-for-profit organizations regarding environmental issues. John Jay Legal Services, Inc., provides training, supervision for law students engaged in representation of clients pursuant to Student Practice Order issued by Appellate Division, 2d Dept.</Explanation>
      </Form990ScheduleRPartVII>
    </IRS990ScheduleR>
  </ReturnData>
</Return>