2013-04-15T13:02:40-05:00 2012-05-31 PricewaterhouseCoopers LLP 2001 MARKET ST SUITE 1700 PHILADELPHIA PA 19103 990 2011-06-01 231352688 VILLANOVA UNIVERSITY % KENNETH G VALOSKY VP ADMIN & VILL 6105194532 800 LANCASTER AVENUE VILLANOVA PA 190851676 KENNETH G VALOSKY 2013-04-12 true 2673303000 2011 2016-02-25 16:41:14Z KENNETH G VALOSKY VILLANOVA UNIVERSITY VILLANOVA PA 19085 576025369 false X www.villanova.edu X 1848 PA See Attachment 1 34 31 6592 10118 7324089 36065972 35894400 406758215 417327846 15913665 16825925 17889387 16701667 476627239 486749838 88917265 98465422 0 0 211472101 219437389 889981 554259 11056431 133378646 133065495 434657993 451522565 41969246 35227273 914283511 904722414 280540896 285546348 633742615 619176066 X VILLANOVA UNIVERSITY IS A CATHOLIC AUGUSTINIAN COMMUNITY OF HIGHER EDUCATION, COMMITTED TO EXCELLENCE AND DISTINCTION IN THE DISCOVERY, DISSEMINATION AND APPLICATION OF KNOWLEDGE. INSPIRED BY THE LIFE AND TEACHING OF JESUS CHRIST, THE UNIVERSITY IS GROUNDED IN THE WISDOM OF THE CATHOLIC INTELLECTUAL TRADITION AND ADVANCES A DEEPER UNDERSTANDING OF THE RELATIONSHIP BETWEEN FAITH AND REASON. VILLANOVA EMPHASIZES AND CELEBRATES THE LIBERAL ARTS AND SCIENCES AS FOUNDATIONAL TO ALL ACADEMIC PROGRAMS. THE UNIVERSITY COMMUNITY WELCOMES AND RESPECTS MEMBERS OF ALL FAITHS WHO SEEK TO NURTURE A CONCERN FOR THE COMMON GOOD AND WHO SHARE AN ENTHUSIASM FOR THE CHALLENGE OF RESPONSIBLE AND PRODUCTIVE CITIZENSHIP IN ORDER TO BUILD A JUST AND PEACEFUL WORLD. false false 149914392 344381598 Instruction: In the Fall Semester of 2012, the University had enrolled 6,448 full-time equivalent undergraduate students and 3,029 full-time equivalent graduate students in a variety of programs. 90517739 90517739 Scholarship and Fellowships: A significant amount of financial assistance is provided to enable qualified students to study at the University. A total of 4,388 students received financial assistance from the University during Fiscal Year 2012. 46345780 2113080 11794055 Student Services: A number of offices exist to provide services to students, both for academic and personal needs. These offices, include, among others, athletics, the admissions office, the registrar's office, career services, student activities, and campus ministry. 142714416 5999201 71041044 429492327 true true false false false false true false true true true false false true false false true true true true true true true true false false true true true true true false false false false false false false true true true true false false true true true true false false true 689 0 true 6592 true true true false false false false true true false false false false X 34 31 true false false false false false false true true false false true true true true true true true true false AK AZ CO KY ME MD MA MI NH NY OH OK OR PA VA WA X KENNETH G VALOSKY VP ADMIN 6105194532 FINANCE 800 LANCASTER AVE VILLANOVA PA 19085 X REV PETER M DONOHUE OSA 35.0 X X 0 0 0 MR RICHARD P BRENNAN 1.0 X 0 0 0 KIMBLE A BYRD ESQ 1.0 X 0 0 0 MR JAMES D DANELLA 1.0 X 0 0 0 MR JAMES C DAVIS 1.0 X 0 0 0 MS DENISE L DEVINE 1.0 X 0 0 0 NANCE K DICCIANI PHD 1.0 X 0 0 0 MR DANIEL M DILELLA 1.0 X 0 0 0 REV RAYMOND F DLUGOS OSA 1.0 X 0 0 0 MR PETER L FONG 1.0 X 0 0 0 DARRYL J FORD PHD 1.0 X 0 0 0 REV PAUL W GALETTO OSA 1.0 X 0 0 0 VERY REV ANTHONY M GENOVESEOSA 1.0 X 0 0 0 MR WILLIAM M GIBSON 1.0 X 0 0 0 MR JUSTIN G GMELICH 1.0 X 0 0 0 HELEN M HORSTMANN MD 1.0 X 0 0 0 MS PATRICIA H IMBESI 1.0 X 0 0 0 MR JOHN P JONES III 1.0 X 0 0 0 MS CATHERINE M KEATING 1.0 X 0 0 0 MS SHEILA F KLEHM 1.0 X 0 0 0 MR PATRICK G LEPORE 1.0 X 0 0 0 MR LEONARD J LOBIONDO 1.0 X 0 0 0 MS ANNE WELSH MCNULTY 1.0 X 0 0 0 REV KEVIN C MULLINS OSA 1.0 X 0 0 0 MR THOMAS M MULROY 1.0 X 0 0 0 REV JOSEPH L NAROG OSA 1.0 X 0 0 0 MARY D NAYLOR PHD RN 1.0 X 0 0 0 MR JAMES V O'DONNELL 1.0 X 0 0 0 MR JAMES F ORR III 1.0 X 0 0 0 MR TERENCE M O'TOOLE 1.0 X 0 0 0 REV JAMES D PARADIS OSA 1.0 X 0 0 0 VERY REV BERNARD C SCIANNA OSA 1.0 X 0 0 0 BR ROBERT THORNTON OSA PSYD 1.0 X 0 0 0 MR JOSEPH V TOPPER JR 1.0 X 0 0 0 PAUL A TUFANO ESQ 1.0 X 0 0 0 REV LUIS A VERA OSA 1.0 X 0 0 0 REV T SHAWN TRACY OSA 1.0 X 0 0 0 MR EDWARD J WELSH 1.0 X 0 0 0 MR MICHAEL J O'NEILL 35.0 X 312174 0 35161 MR KENNETH G VALOSKY 35.0 X 304256 0 117736 MR STEPHEN W FUGALE 35.0 X 264198 0 34392 MS DOROTHY A MALLOY ESQ 35.0 X 248785 0 36659 MS ANN DIEBOLD 35.0 X 232300 0 25962 BARBARA WALL PHD 35.0 X 169004 0 22769 REV KAIL C ELLIS OSA PHD 35.0 X 0 0 0 REV JOHN P STACK OSA 35.0 X 0 0 0 MR JOHN Y GOTANDA ESQ 35.0 X 286348 0 37927 MR KEVIN D CLARK 35.0 X 278117 0 50795 MR JAMES M DANKO 35.0 X 221314 0 25690 GARY A GABRIELE PHD 35.0 X 208651 0 32563 MR ROBERT H MORRO 35.0 X 166275 0 47663 MR JOHN A DOODY 35.0 X 161089 0 22140 MS ELLEN C LACORTE EDD 35.0 X 160883 0 24779 MR FREDERICK C SIEBER 35.0 X 156013 0 21632 MR JEROLD T WRIGHT 35.0 X 2451265 0 38067 MR ANDREW J TALLEY 35.0 X 274666 0 32217 MR RONALD P HILL 35.0 X 252930 0 31533 MR PATRICK M BRENNAN ESQ 35.0 X 251229 0 29202 MR JOHN A PEARCE 35.0 X 248834 0 31471 MS DORIS D BROGAN ESQ 35.0 X 199757 0 34567 HELEN R LAFFERTY PHD 35.0 X 186477 0 24919 JOHN R JOHANNES PHD 35.0 X 183299 0 29156 7217864 0 787000 318 true true false TORCON INC 328 NEWMAN SPRINGS RD RED BANK NJ 07701 CONTRACTING 6310403 GILBANE BUILDING CO 7 JACKSON WALKWAY PROVIDENCE RI 02903 CONTRACTING 3993623 WEST CHESTER MECHANICAL 201 FULTON ST CHESTER PA 19013 CONTRACTING 1681838 HOWELL PARTNERS LLC 336 KING OF PRUSSIA RD ST DAVIDS PA 19087 MARKETING COMMUNIC 1321208 RC COMPANY INC 12 WEST CENTRAL AVENUE PAOLI PA 19301 CONTRACTING 986791 55 99668 7392314 28402418 1187182 35894400 TUITION & FEES 900099 349229313 349229313 SALES & SERVICES, AUXILIARY ENTERPRISES 721000 68098533 62811257 5287276 417327846 2920257 917390 2002867 0 0 406117 406117 406117 406117 103063286 89157618 13905668 13905668 13905668 117913 99668 117913 0 0 0 BELLE AIR YEARBOOK 541800 77110 67360 9750 OUTSIDE USE OF ATHLETIC FACILITY 721000 406587 406587 ATHLETICS 541800 11741955 11053206 688749 4069898 4055561 14337 16295550 486749838 427216697 7324089 16314652 70201 70201 90517739 90517739 7877482 7877482 0 2754552 899226 1538721 316605 0 167301159 160193231 2259394 4848534 11066422 10483137 247162 336123 27338922 25848603 610602 879717 10976334 10397797 245150 333387 3707663 3223023 484640 474776 12375 462401 278744 8651 270093 0 554259 554259 0 0 2091762 2029667 62095 16350723 15451308 214808 684607 10533178 10375180 157998 0 7922064 7724012 118831 79221 8572908 6925437 18077 1629394 0 4304324 4063337 21010 219977 8212224 8006919 123183 82122 0 17897374 17449939 268461 178974 1365634 191523 1174111 PURCHASED SERVICES 18606837 18499738 99118 7981 FOOD PURCHASES 13016571 13016571 BOOKSTORE PURCHASES LIBRARY BOOKS & SUBSCRIPTIONS 5444698 5444698 14286015 10782533 2597952 905530 451522565 429492327 10973807 11056431 1698106 3278108 143889355 148398885 18360957 18604320 9313858 6911618 0 0 0 0 11909798 12220589 1944662 2304871 5738535 4637808 594639463 254546484 335205034 340092979 279140680 274198139 99694721 86459392 616651 590132 0 0 6771154 7025573 914283511 904722414 54805215 61134757 2075766 1144406 10891351 12906413 191071163 182884530 0 0 0 0 550000 490000 0 0 21147401 26986242 280540896 285546348 X 368464392 362325921 108638433 92176463 156639790 164673682 633742615 619176066 914283511 904722414 X 35227273 -49793822 X false true true X true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2289745 X X X false 375061000 19993000 -21152000 3368883 11632117 1879000 357022000 302537000 23804000 65461000 3739856 11246144 1755000 375061000 265715000 22988000 31717000 3498691 12039309 2345000 302537000 355255000 20118000 -92380000 3113210 11392790 2772000 265715000 0.46000 0.54000 false false 27030651 27030651 496095312 214704417 281390895 52821248 39842068 12979180 18692253 18692253 340092979 HEDGE FUNDS 48636549 F PRIVATE EQUITY 18993545 F VENTURE CAPITAL 10098562 F INFLATION HEDGING 6871601 F REAL ESTATE 1746128 F DEPOSITS WITH BOND TRUSTEES 113007 F 86459392 0 DEPOSITS BY STUDENTS 2267768 ACCRUED PENSION LIABILITIES 16506969 REFUNDABLE GOVERNMENT LOANS 8211505 26986242 486749838 451522565 35227273 -39751421 -10042401 -49793822 -14566549 356468187 -39751421 776918 -38974503 395442690 91307148 91307148 486749838 361004826 361004826 90517739 90517739 451522565 PART III, LINE 4 The Art Gallery holds over six thousand pieces of artwork in its collection. Such Artwork is comprised of paintings, sculptures, drawings, engravings, lithographs, watercolors, woodcuts, mixed media, textiles, and ceramics. The Artwork is held on the University's premises and at an outside art facility. Artwork in the collection is displayed for public view at various locations on the University campus. Each year, the Art Gallery presents a number of exhibitions of art by emerging artists. For each exhibition there is a reception for the artist, all of which is free of charge, and the public is invited. Also, each year, the art gallery has held outreach programs at which art education is provided to disadvantaged individuals. the programs are also free of charge to the participants. PART V, LINE 4 The intended use of Villanova University's endowment funds is for financial aid, support for faculty salaries, as well as support for other specific programs directed by donors. PART XI, Line 8 Adjustment for Pension Plan Liability ($10,027,134) Book tax difference with respect to partnership investment ($12,491) Rounding adjustment ($2,776) Total adjustment per part XI Line 8 ($10,042,401) PART XII, LINE 2D BOOK INCOME FROM ALDWYN LANE L.P. $776,918 PART XII, LINE 4B STUDENT FINANCIAL AID $90,517,739 TAXABLE INCOME FROM ALDWYN LANE L.P. $789,409 PART XIII, LINE 4B STUDENT FINANCIAL AID $90,517,739 true true true true true true true false false false false false false false false true false true PART I LINE 3 THE POLICY IS PUBLISHED IN THE STUDENT HANDBOOK, WHICH IS DISTRIBUTED TO EVERY STUDENT EVERY YEAR, AS WELL AS IN ALL APPLICATION MATERIALS FOR PROSPECTIVE STUDENTS. IT IS ALSO PUBLICIZED ON THE UNIVERSITY'S WEBSITE, INCLUDING THE PAGE WHICH DISCUSSES THE UNIVERSITY'S AUGUSTINIAN MISSON. PART I LINE 6A THE UNIVERSITY RECEIVES FUNDS FROM VARIOUS FEDERAL AND STATE GOVERNMENT AGENCIES UNDER THEIR RESPECTIVE STUDENT FINANCIAL AID ASSISTANCE PROGRAMS. FEDERAL PROGRAMS INCLUDE THE PELL GRANT PROGRAM, SUPPLEMENTAL EDUCATIONAL OPPORTUNITY GRANT PROGRAM, COLLEGE WORK STUDY PROGRAM, AND THE PERKINS AND NURSING LOAN PROGRAMS. THE STATE PROGRAM IS THE PENNSYLVANIA HIGHER EDUCATION ASSISTANCE PROGRAM FOR STUDENTS. IN ADDITION, THE UNIVERSITY IS AWARDED SPONSORED RESEARCH AND OTHER PROJECT GRANTS BY VARIOUS FEDERAL AGENCIES, INCLUDING NSF AND HHS. GENERAL SUPPORT IS PROVIDED TO THE UNIVERSITY FROM THE STATE OF PENNSYLVANIA UNDER ITS INSTITUTIONAL ASSISTANCE GRANT PROGRAM TO PRIVATE COLLEGES AND UNIVERSITIES IN THE STATE. true Central America and the Caribbean 16 Program Services Intl Study/CmpMn/FA 359066 South America 23 Program Services IntlStudy/CMPMN/FA 547837 Sub-Saharan Africa 22 Program Services IntlStudy/FinancialAid 532069 East Asia and the Pacific 71 Program Services IntlStudy/CmpMn/FA/Res 1579776 Europe (Including Iceland and Greenland) 199 Program Services IntlStudy/FinancialAid 3749487 Middle East and North Africa 29 Program Services IntlStudy/FinancialAid 515660 North America 10 Program Services FinancialAid/Research 178005 Russia and the Newly Independent States 4 Program Services IntlStudy/FinancialAid 86857 South Asia 29 Program Services Financial Aid 328725 Central America and the Caribbean Investments 61196832 East Asia and the Pacific Investments 280457 403 403 69354771 69354771 Europe/Iceland/Greenland Excursion 8128 WIRE TRNSFR N/A N/A East Asia/Pacific Tuition/Excursion 11025 WIRE TRNSFR N/A N/A Europe/Iceland/Greenland Tuition/Excursion 30975 WIRE TRNSFR N/A N/A Europe/Iceland/Greenland Tuition/Housing 82104 WIRE TRNSFR N/A N/A Europe/Iceland/Greenland Tuition 57277 WIRE TRNSFR N/A N/A Europe/Iceland/Greenland 11173 WIRE TRNSFR N/A N/A Europe/Iceland/Greenland Tuition 22685 WIRE TRNSF N/A N/A Europe/Iceland/Greenland Housing 12063 WIRE TRNSFR N/A N/A Europe/Iceland/Greenland Tuition/Housing 24700 WIRE TRNSFR N/A N/A Europe/Iceland/Greenland Tuition 9900 WIRE TRNSFR N/A N/A Europe/Iceland/Greenland Tuition/Housing 151700 WIRE TRNSFR N/A N/A Europe/Iceland/Greenland Travel Agency 56126 CHECK N/A N/A Europe/Iceland/Greenland Travel Agency 10160 CHECK N/A N/A Europe/Iceland/Greenland Transportation 6015 WIRE TRNSFR N/A N/A South America Tuition/Housing 78221 CHECK N/A N/A Europe/Iceland/Greenland Tuition/Excursion 102209 WIRE TRNSFR N/A N/A Cent. America/Caribbean Advisor/Guide Fees 6264 CK/WIRE/CASH N/A N/A Middle East/North Africa Tuition/Housing 33423 WIRE TRNSFR N/A N/A Europe/Iceland/Greenland Instructors 25937 CHECK N/A N/A Europe/Iceland/Greenland Transportation 9289 WIRE TRNSFR N/A N/A Middle East/North Africa RECEPTION 46619 CREDIT CARD N/A N/A East Asia/Pacific Housing/Transportation 68876 WIRE TRNSFR N/A N/A Cent. America/Caribbean Research Support 11300 WIRE TRNSFR N/A N/A Cent. America/Caribbean Research Support 7290 WIRE TRNSFR N/A N/A East Asia/Pacific Tuition 104436 WIRE TRNSFR N/A N/A Europe/Iceland/Greenland Tuition 8500 WIRE TRNSFR N/A N/A Europe/Iceland/Greenland Tuition 47772 WIRE TRNSFR N/A N/A Europe/Iceland/Greenland Tuition 25668 WIRE TRNSFR N/A N/A Europe/Iceland/Greenland Tuition 100709 WIRE TRNSFR N/A N/A Europe/Iceland/Greenland Tuition 35805 WIRE TRNSFR N/A N/A Europe/Iceland/Greenland Tuition 14615 WIRE TRNSFR N/A N/A Europe/Iceland/Greenland Tuition 40121 WIRE TRNSFR N/A N/A Europe/Iceland/Greenland Tuition 15427 WIRE TRNSFR N/A N/A Europe/Iceland/Greenland Tuition 24400 WIRE TRNSFR N/A N/A Europe/Iceland/Greenland Tuition 10700 WIRE TRNSFR N/A N/A Europe/Iceland/Greenland Tuition 47084 WIRE TRNSFR N/A N/A Europe/Iceland/Greenland Housing 6275 WIRE TRNSFR N/A N/A Europe/Iceland/Greenland Tuition 105325 WIRE TRNSFR N/A N/A East Asia/Pacific Tuition 60000 WIRE TRNSFR N/A N/A Europe/Iceland/Greenland Tuition 5293 WIRE TRNSFR N/A N/A East Asia/Pacific Tuition 13002 WIRE TRNSFR N/A N/A East Asia/Pacific Tuition 11147 WIRE TRNSFR N/A N/A East Asia/Pacific Tuition 15523 WIRE TRNSFR N/A N/A East Asia/Pacific Tuition 17486 WIRE TRNSFR N/A N/A East Asia/Pacific Tuition 9415 WIRE TRNSFR N/A N/A Europe/Iceland/Greenland Tuition 19110 WIRE TRNSFR N/A N/A Cent. America/Caribbean Tuition 16650 WIRE TRNSFR N/A N/A 47 Faculty Adv/Per Diem for Program Exp Europe/Iceland/Greenland 1 11686 DIRECT DEPOS 0 N/A N/A On-Site Coordinator Fees Europe/Iceland/Greenland 1 49848 WIRE TRNSFR 0 N/A N/A Faculty Adv/Per Diem for Program Exp East Asia/Pacific 1 34654 DIRECT DEPOS 0 N/A N/A Faculty Adv/Per Diem for Program Exp Europe/Iceland/Greenland 1 6392 DIRECT DEPOS 0 N/A N/A Faculty Adv/Per Diem for Program Exp Europe/Iceland/Greenland 2 22015 DIRECT DEPOS 0 N/A N/A Faculty Adv/Per Diem for Program Exp Europe/Iceland/Greenland 1 45168 DIRECT DEPOS 0 N/A N/A Faculty Adv/Per Diem for Program Exp Europe/Iceland/Greenland 2 33547 DIRECT DEPOS 0 N/A N/A Faculty Adv/Per Diem for Program Exp Russia 1 21467 DIRECT DEPOS 0 N/A N/A Faculty Adv/Per Diem for Program Exp Europe/Iceland/Greenland 1 6098 DIRECT DEPOS 0 N/A N/A Faculty Adv/Per Diem for Program Exp Europe/Iceland/Greenland 1 15583 WIRE TRNSFR 0 N/A N/A Faculty Adv/Per Diem for Program Exp South America 2 22238 DIRECT DEPOS 0 N/A N/A Faculty Adv/Per Diem for Program Exp Europe/Iceland/Greenland 1 11967 DIRECT DEPOS 0 N/A N/A Faculty Adv/Per Diem for Program Exp Europe/Iceland/Greenland 1 7901 DIRECT DEPOS 0 N/A N/A Faculty Adv/Per Diem for Program Exp Europe/Iceland/Greenland 2 13901 DIRECT DEPOS 0 N/A N/A Excursions and On-Site Coordinator Fees Europe/Iceland/Greenland 1 5000 WIRE TRNSFR 0 N/A N/A Faculty Adv/Per Diem for Program Exp Middle East/North Africa 1 17122 DIRECT DEPOS 0 N/A N/A Tuition and Excurions East Asia/Pacific 1 6000 WIRE TRNSFR 0 N/A N/A Financial Aid Cent. America/Caribbean 12 307205 DIRECT DEPOS 0 N/A N/A Financial Aid East Asia/Pacific 67 1210322 DIRECT DEPOS 0 N/A N/A Financial Aid Europe/Iceland/Greenland 177 2238589 DIRECT DEPOS 0 N/A N/A Financial Aid Middle East/North Africa 26 413176 DIRECT DEPOS 0 N/A N/A Financial Aid North America 6 161205 DIRECT DEPOS 0 N/A N/A Financial Aid Russia 3 65390 DIRECT DEPOS 0 N/A N/A Financial Aid South America 21 440688 DIRECT DEPOS 0 N/A N/A Financial Aid South Asia 29 328725 DIRECT DEPOS 0 N/A N/A Financial Aid Sub-Saharan Africa 22 531981 DIRECT DEPOS 0 N/A N/A On-Site Language Instruction Europe/Iceland/Greenland 3 110202 WIRE TRNSFR 0 n/a n/a false false false true false false PART I LINE 2 ANY GRANTS AWARDED TO ENTITIES OUTSIDE THE UNITED STATES WOULD BE BASED UPON THE IMPLEMENTATION OF A FUNDED RESEARCH PROPOSAL IN WHICH THE FOREIGN ENTITY WOULD PLAY A SPECIFIC ROLE IN EXECUTING THE FUNDED RESEARCH PROGRAM. ALL REPORTED COSTS ARE DOCUMENTED BY RECEIPT. PART I LINE 2 VILLANOVA UNIVERSITY STUDENTS ARE BILLED BY THE UNIVERSITY FOR THE TOTAL COST OF VU TUITION FOR EACH SEMESTER OVERSEAS. NON-TUITION COSTS SUCH AS ROOM AND BOARD ARE NOT PAID TO VILLANOVA UNIVERSITY, BUT INSTEAD PAID TO THE OVERSEAS UNIVERSITY OR PROGRAM IN WHICH THEY ENROLL. IN MANAGING THE STUDENTS ELIGIBILTY FOR FINANCIAL ASSISTANCE, THE UNIVERSITY DETERMINES ELIGIBILITY FOR NEED-BASED AID ON THE BASIS OF CURRENT FEDERAL REGULATIONS. ONCE THE STUDENT'S ELIGIBILITY FOR AID IS DETERMINED, ALL AWARDS ARE CREDITED TO THE STUDENT'S VILLANOVA BILLING RECORD. ANY DOLLARS THAT ARE AWARDED IN EXCESS OF THE STUDENT'S BILLED EXPENSES, WHICH IS THE CASE WITH STUDENTS STUDYING ABROAD, ARE REFUNDED TO THE STUDENTS SO THAT THEY CAN BE USED TO PAY FOR ALL OTHER APPROVED EDUCATIONAL EXPENSES. THESE INCLUDE TRANSPORTATION, ROOM & BOARD, LIVING EXPENSES AND BOOKS AND SUPPLIES. PART I LINE 2 IN ADDITION TO STUDYING OVERSEAS, VILLANOVA UNIVERSITY STUDENTS ALSO PARTICIPATE IN INTERNATIONAL PUBLIC SERVICE WORK. FUNDS USED FOR THIS PURPOSE ASSIST IN SENDING STUDENTS OVERSEAS AND PAY FOR THEIR TRAVEL, FOOD AND LODGING (IF APPLICABLE) WHILE THEY ARE THERE. PART II, LINE 1 VILLANOVA STUDENTS AND FACULTY TAKE PART IN OVERSEAS EDUCATION. SALARIES ARE PAID TO THE FACULTY WHILE ABROAD. TUITION PAID TO VILLANOVA UNIVERSITY PAYS FOR STUDENTS' TUITION AND LODGING WHILE OVERSEAS. X X X X X X X true Grenzebach Glier Assoc Consulting/ Planning false 104368 -104368 RUFFALO CODY ASSOCIATES TELEMARKET SERVICES false 785720 379187 406533 785720 483555 302165 AL AK AZ AR CA CO CT DC FL GA HI IL KS KY LA ME MD MA MI MN MS MO MT NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA WV WI MBB DINNER 71000 38000 33000 33000 GOLF OUTING 30270 12092 18178 18178 6 116311 49576 66735 66735 217581 99668 117913 33000 84913 117913 true X FINANCIAL ASSISTANCE 4388 90517739 N/A N/A Part 1 Line 2 A student's eligibility for need-based financial aid is determined on the basis of their annual cost of attendance, which is calculated in accordance with Federal regulations, minus Expected Family Contribution, which is determined in accordance with Federal regulations and University standards. In the event that total aid awarded exceeds direct costs (i.e., costs that are billed by the University), the excess funds are provided to the student and are applicable to educationally-related expenses. The University does not require the student to provide proof (e.g., receipts, cancelled checks, etc.) as to how the funds were used. X X X true true X X X false false false false false false false false false MR MICHAEL J O'NEILL 302606 0 0 0 9568 0 20826 0 14335 0 347335 0 0 0 MR KENNETH G VALOSKY 304256 0 0 0 0 0 24500 0 93236 0 421992 0 0 0 MR STEPHEN W FUGALE 264198 0 0 0 0 0 20825 0 13567 0 298590 0 0 0 MS DOROTHY A MALLOY ESQ 247385 0 0 0 1400 0 24500 0 12159 0 285444 0 0 0 MS ANN DIEBOLD 232300 0 0 0 0 0 20143 0 5819 0 258262 0 0 0 BARBARA WALL PHD 169004 0 0 0 0 0 17028 0 5741 0 191773 0 0 0 MR JOHN Y GOTANDA ESQ 286348 0 0 0 0 0 24500 0 13427 0 324275 0 0 0 MR KEVIN D CLARK 215884 0 0 0 62233 0 20248 0 30547 0 328912 0 0 0 MR JAMES M DANKO 221314 0 0 0 0 0 19174 0 6516 0 247004 0 0 0 GARY A GABRIELE PHD 208151 0 0 0 500 0 18368 0 14195 0 241214 0 0 0 MR ROBERT H MORRO 166275 0 0 0 0 0 14388 0 33275 0 213938 0 0 0 MR JOHN A DOODY 161089 0 0 0 0 0 16321 0 5819 0 183229 0 0 0 MS ELLEN C LACORTE EDD 160883 0 0 0 0 0 14088 0 10691 0 185662 0 0 0 MR FREDERICK C SIEBER 156013 0 0 0 0 0 15813 0 5819 0 177645 0 0 0 MR JEROLD T WRIGHT 2451265 0 0 0 0 0 24500 0 13567 0 2489332 0 0 0 MR ANDREW J TALLEY 211871 0 0 0 62795 0 21624 0 10593 0 306883 0 0 0 MR RONALD P HILL 202230 0 0 0 50700 0 17966 0 13567 0 284463 0 0 0 MR PATRICK M BRENNAN ESQ 216629 0 0 0 34600 0 19210 0 9992 0 280431 0 0 0 MR JOHN A PEARCE 206325 0 0 42509 0 21339 0 10132 0 280305 0 0 0 MS DORIS D BROGAN ESQ 199757 0 0 0 0 0 21000 0 13567 0 234324 0 0 0 HELEN R LAFFERTY PHD 186477 0 0 0 0 0 18865 0 6054 0 211396 0 0 0 JOHN R JOHANNES PHD 183299 0 0 0 0 0 18821 0 10335 0 212455 0 0 0 Part I, Line 1a Villanova University provides travel for companions, first class travel, and social club dues to certain individuals listed on Schedule J. The social club memberships are intended for business use with any personal use being taxed to the respective individual. First class travel is reviewed and reimbursed according to the accountable plan rules. Travel for companions was reviewed for business purpose and reimbursed under the accountable plan rules. Part II Compensation for Jerold T. Wright includes payments for coaching Villanova men's basketball team, weekly radio appearances, and television appearances. DELAWARE COUNTY AUTHORITY 231973437 246008JT4 2003-07-24 42417561 REFUNDING OF 1993 SERIES BONDS false false false DELAWARE COUNTY AUTHORITY 231973437 246008KM7 2005-05-04 29694098 REFUNDING OF 1995 SERIES BONDS false false false DELAWARE COUNTY AUTHORITY 231973437 246008LH7 2006-04-03 52684804 CONSTRUCTION OF ACADEMIC BUILDING false false false DELAWARE COUNTY AUTHORITY 231973437 246008ME3 2010-01-07 83789762 REFUNDING OF 1999 A&B, 2001 & 2002 false false false 13411410 0 42417561 0 0 0 905727 0 0 0 41511834 0 2003 true false true true 7744191 0 29694098 0 0 0 697184 0 0 0 28996914 0 2005 true false true true 4742111 0 52684804 0 0 0 1117881 0 0 51566923 0 0 2009 false false true true 4487756 0 83789762 0 0 0 786380 0 0 0 83003382 0 2010 true false true true 0 true 0 true false false true true false true 0.00100 0.00100 true 0 true true false false 0 false 0 false true true false false 0 false 0 false true true false false 0 true TRINITY PLUS FUNDING 2. true false false true false false 0 false 0 false X SEE SCHEDULE O 0 Independence Blue Cross Trustee is Officer 14928010 SEE PART V false BPG Investment Partnership VIII L Trustee is Princ,Ownr,CEO 1746128 SEE PART V false Michael Campbell Esq Family of Trustee 61600 SEE PART V false Lisa Valosky Family of Officer 115130 SEE PART V false Colleen Sheehan PHD Family of Key Employee 83587 SEE PART V false Juliana Morro Family of Key Employee 11067 SEE PART V false Part IV PAUL A. TUFANO, ESQ. IS AN OFFICER OF INDEPENDENCE BLUE CROSS ("IBC"). IBC IS THE ADMINISTRATOR THAT PAYS MEDICAL CLAIMS FOR THE UNIVERSITY'S EMPLOYEE GROUP HEALTH INSURANCE PLAN. MR. DANIEL M. DILELLA IS A PRINCIPAL, OWNER, AND CEO OF BPG PROPERTIES, LTD. THE UNIVERSITY IS A $2,588,240 INVESTOR AND A 0.471% LIMITED PARTNER IN BPG INVESTMENT PARTNERSHIP VIII, L.P. MICHAEL CAMPBELL, ESQ., MS. LISA VALOSKY, COLLEEN SHEEHAN, PH.D. AND JULIANA MORRO ARE EMPLOYEES OF THE UNIVERSITY AND RECEIVE COMPENSATION. X 5 98575 Market Quotation X 35 1088607 Market Quotation false true false FORM 990, PART III, LINE 4D OTHER PROGRAM SERVICE EXPENSES AUXILIARY ENTERPRISES EXPENSES: $66,295,132 GRANTS & ALLOCATIONS: $ 70,201 REVENUE: $80,146,989 ACADEMIC SUPPORT EXPENSES: $45,140,415 GRANTS & ALLOCATIONS: $ 5,697,281 REVENUE: $ 495,770 INSTITUTIONAL SUPPORT: EXPENSES: $24,322,348 GRANTS & ALLOCATIONS: $ 184,629 REVENUE: $(9,961,051) RESEARCH EXPENSES: $ 6,956,521 GRANTS & ALLOCATIONS: $ 47,090 REVENUE: $ 0 O&M OF PLANT EXPENSES: $ 0 GRANTS AND ALLOCATIONS:$ 0 REVENUE: $ 359,336 FORM 990, PART XI, LINE 5 ($10,027,134) - ADJUSTMENT FOR PENSION PLAN LIABILITY: ($39,751,421) - NET UNREALIZED LOSSES; $(12,491) BOOK TAX DIFFERENCE WITH RESPECT TO PARTNERSHIP INVESTMENTS; $(2,776) ROUNDING ADJUSTMENT FORM 990, PART VI, LINE 11A THE FORM 990 IS PREPARED INTERNALLY BY THE OFFICE OF FINANCIAL AFFAIRS. IT IS REVIEWED BY THE OFFICE OF THE VICE PRESIDENT AND GENERAL COUNSEL AND A NATIONALLY RECOGNIZED ACCOUNTING FIRM BEFORE THE FORM 990 IS FILED. AFTER THE PUBLIC ACCOUNTING FIRM REVIEWS THE FORM, IT IS PROVIDED TO THE AUDIT AND RISK COMMITTEE OF THE BOARD OF TRUSTEES AND TO THE FULL BOARD OF TRUSTEES SHORTLY BEFORE FILING. FORM 990, PART VI, LINE 12C THE BOARD OF TRUSTEES, IN COLLABORATION WITH THE OFFICE OF THE VICE PRESIDENT AND GENERAL COUNSEL (OVPGC) REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE UNIVERSITY'S CONFLICT OF INTEREST POLICY. IN ACCORDANCE WITH THE POLICY, THE OVPGc DISTRIBUTES THE POLICY AND CONFLICT OF INTEREST DISCLOSURES FORMS ANNUALLY TO TRUSTEES, OFFICERS, KEY EMPLOYEES AND ANY OTHER INTERESTED PERSONS WHO ARE INSTRUCTED TO COMPLETE AND RETURN THE FORMS AND TO UPDATE THE FORMS DURING THE YEAR, AS NECESSARY. THE OVPGC SUMMARIZES ANY POTENTIAL CONFLICTS, FOR REVIEW BY THE TRUSTEE COMMITTEE, TO ENSURE COMPLIANCE WITH THE POLICY. THE TRUSTEE COMMITTEE DISCUSSES THE DISCLOSURES AT THE MEETING WHICH INCLUDES THE COMMITTEE MEMBERS AND THE OVPGC. THE UNIVERSITY'S EXTERNAL AUDITORS ALSO REVIEW A SAMPLE OF THE DISCLOSURE FORMS AS PART OF THEIR AUDIT PROCEDURES. FORM 990, PART VI, LINE 15 THE HUMAN RESOURCES OFFICE OBTAINS COMPARABILITY DATA FROM PROFESSIONAL ORGANIZATIONS FOR THE COMPENSATION OF THE OFFICERS AND KEY EMPLOYEES OF THE UNIVERSITY, INCLUDING THE AMOUNT THE UNIVERSITY REMITS TO THE ORDER OF ST. AUGUSTINE FOR SERVICES PROVIDED BY THE PRESIDENT. USING THIS COMPENSATION DATA AND ANNUAL PERFORMANCE ASSESSMENTS, THE PRESIDENT ANNUALLY DETERMINES PROPOSED SALARIES FOR ALL OFFICERS AND KEY EMPLOYEES. THE EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD, AN INDEPENDENT COMMITTEE CONSISTING OF TRUSTEES ONLY, NONE OF WHOM ARE EMPLOYED BY THE UNIVERSITY, DETERMINES THE AMOUNT THE UNIVERSITY REMITS TO THE ORDER OF ST. AUGUSTINE FOR SERVICES PROVIDED BY THE PRESIDENT ON AN ANNUAL BASIS, BASED ON THE COMPARABILITY DATA PROVIDED BY THE HUMAN RESOURCES OFFICE AND ITS ASSESSMENT OF THE PRESIDENT'S PERFORMANCE. THE PRESIDENT DOES NOT PARTICIPATE IN THE APPROVAL OF HIS OWN SALARY. THE COMMITTEE ALSO REVIEWS AND APPROVES THE SALARIES PROPOSED BY THE PRESIDENT FOR THE OFFICERS AND KEY EMPLOYEES. THE DECISIONS REACHED BY THE EXECUTIVE COMPENSATION COMMITTEE AT ITS ANNUAL MEETING ARE RECORDED IN A DOCUMENT APPROVED BY THE CHAIR OF THE COMMITTEE AT OR SHORTLY AFTER THE MEETING OF THE COMMITTEE. FORM 990, PART VI, LINE 19 VILLANOVA UNIVERSITY MAKES ITS FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY READILY AVAILABLE TO THE PUBLIC THROUGH THE UNIVERSITY'S WEBSITE. THE FORM 990 IS AVAILABLE TO THE PUBLIC UPON REQUEST. THE UNIVERSITY'S GOVERNING DOCUMENTS ARE NOT MADE PUBLICLY AVAILABLE. FORM 990 PART VII PAYMENT IS MADE DIRECTLY TO THE ORDER OF ST. AUGUSTINE FOR SERVICES PROVIDED BY REV. PETER M. DONOHUE O.S.A., REV. KAIL C. ELLIS O.S.A., AND REV. JOHN P. STACK O.S.A.. THESE PAYMENTS, AGGREGATED, TOTAL $931,646. SCHEDULE K PART VI PROCEDURE TO TAKE CORRECTIVE ACTION PURPOSE: IT IS THE UNIVERSITY'S INTENT TO COMPLY WITH ALL POST ISSUANCE COMPLIANCE REQUIREMENTS. IN THIS REGARD, THE UNIVERSITY HAS ADOPTED ONGOING TRACKING AND MONITORING PROCEDURES TO ENSURE THAT ALL TAX-EXEMPT BONDS REMAIN QUALIFIED AND ARE HELD IN COMPLIANCE WITH REGULATORY STANDARDS. SUCH MONITORING IS ALSO INTENDED TO ENSURE THAT ANY ACTUAL OR POTENTIAL VIOLATIONS OF FEDERAL TAX REQUIREMENTS CAN BE TIMELY IDENTIFIED AND CORRECTED VIA SELF-REMEDIATION OR THROUGH THE INTERAL REVENUE SERVICE ("IRS") VOLUNTARY CLOSING AGREEMENT PROGRAM, IF SELF-REMEDIATION IS NOT AVAILABLE UNDER APPLICABLE IRS REGULATIONS. PROCEDURE: IF AT ANY TIME, THROUGH THE APPLICATION OF POST ISSUANCE COMPLIANCE POLICIES AND PROCEDURES, THE UNIVERSITY OFFICE OF FINANCIAL AFFAIRS IDENTIFIES THAT IT HAS FAILED TO COMPLY WITH ANY TAX-EXEMPT BOND REQUIREMENTS, THEY WILL CONSULT WITH INTERNAL AND/OR EXTERNAL COUNSEL AND ADVISORS TO FIRST DETERMINE WHETHER SELF-REMEDIATION IS AVAILABLE. IF SELF REMEDIATION IS NOT AVAILABLE, THEN A VOLUNTARY CLOSING AGREEMENT WILL BE PURSUED THROUGH THE IRS. ALDWYN LANE LLC 800 LANCASTER AVENUE VILLANOVA PA 19085 233101680 RENT REAL EST PA 7894 40874 NA THE ENLIGHTENED WORLD FOUNDATION 100 FOUR FALLS CORPORATE CTR W CONSHOHOCKEN PA 19428 232830237 FOUNDATION PA 501(c)(3) 509(A)(3) NA false ALDWYN LANE LP 800 LANCASTER AVENUE VILLANOVA PA 190851676 233101682 RENT REAL EST PA NA UNRELATED 781515 13554477 false true false false false false false false false false false false false false false false false false false true ALDWYN LANE LP R 544500 FMV ALDWYN LANE LLC R 5500 FMV PART IV VILLANOVA UNIVERSITY MANAGES FOURTEEN CHARITABLE GIFT ANNUITIES. VILLANOVA UNIVERSITY HAS 50% OR GREATER INTEREST IN SEVEN CHARITABLE GIFT ANNUITIES. THE AGGREGATE MARKET VALUE IS $335,205. VILLANOVA UNIVERSITY IS THE TRUSTEE FOR NINE CHARITABLE REMAINDER TRUSTS. VILLANOVA UNIVERSITY HAS 50% OR GREATER INTEREST IN SIX TRUSTS. THE AGGREGATE MARKET VALUE IS $2,076,864.