2012-03-30T12:55:39-05:00 2011-06-30 990 2010-07-01 060646623 Fairfield University FAIR 2032544000 1073 North Benson Road Fairfield CT 068245195 Julie L Dolan 2032544000 2012-03-30 2010 2016-02-24 21:20:13Z Jeffrey von Arx SJ 1073 North Benson Road Fairfield CT 068245195 262665998 0 X www.fairfield.edu X 1942 CT A coeducational institution whose primary objectives are to develop the creative intellectual potential of its students and to foster in them ethical and religious values and a sense of social responsibility. Jesuit Education is committed today to the service of faith, of which the promotion of justice is an absolute requirement.As a Catholic university it welcomes those of all beliefs and traditions who share its concerns for scholarship, justice, truth and freedom, and it values the diversity which their membership brings to the university community 33 32 3168 500 453472 -168323 24353463 21059676 189520825 199621898 3222037 5806798 1177407 1415874 218273732 227904246 46532917 50971627 0 0 98829550 99206515 0 0 6001543 69520688 74232594 214883155 224410736 3390577 3493510 582453551 620946775 276393585 270801103 306059966 350145672 X Education for an Inspired Life: A Fairfield University education has become more integrated in focus, more global in outlook, and more intentional in its structure than ever before. In the Jesuit tradition, we are committed to creating a student-focused, holistic, and diverse educational environment - intended to educate the whole person - mind, body, and spirit. We want to cultivate in both our undergraduate and graduate students a sense of community and strong ethical and spiritual values to guide them on their paths into the future. Join us in this community enterprise, where all of us are called to come together in the spirit and practice of collaboration. 0 0 193184182 50971627 199621898 FACILITIES AND OPERATIONS 1) Fairfield University has just completed an ambitious, $60 million building and renovation plan of its residential facilities, one that not only adds 200 beds but, more importantly, in its design balances the need for the campus to be a place where students can grow academically, socially and spiritually. Two new residence halls have been built and extensive renovations completed to two other buildings. The effort will reduce the number of students in rooms and apartments, while improving the overall quality of their living arrangements. At the heart of the 'Living and Learning' initiative, as it is known, is providing students - from freshmen to seniors - with a supportive network of peers, faculty and other mentors throughout their undergraduate years. The scope of these residences will support this effort. At the same time, the hope is to foster opportunities for students to discover their passions or deepest desires for life.2) Fairfield was presented with the 2010 Energy Start Combined Heat and Power Award by the United States Environmental Protection Agency (EPA). The EPA praised Fairfield for joining the ranks of institutes of higher learning that produce their own heat and power because of mounting concerns over rising energy costs and a congested utility grid. With an operating efficiency of approximately 55 percent, the system requires approximately 22 less fuel than typical onsite thermal generation. The $9.5 million project was done in collaboration with United Technologies Carrier, the United Illuminating Company and the State of Connecticut. 3) The new Bellarmine Museum of Art has opened its doors. The facility, built at a cost of $3.2 million is a dynamic center of learning for all of its constituencies, including students of all ages and stages, art professionals, and members of the general public. In addition to hosting temporary exhibitions, the museum serves as a permanent sanctuary for the University growing permanent art collection. ACADEMICS1) The U.S. Health Resources and Services Administration (HRSA) awarded the School of nursing one of its largest federal grants ever. The grant will fund a new state-of-the-art mock operating room for graduate students enrolled in the University Master of Science and Doctor of Nursing Practice in Nurse Anesthesia programs. HRSA also awarded the School a $233,000 grant to develop a new geriatric simulation clinic. 2) Fairfield dedicated the new Kathryn P. Koslow Center for Marriage and Family Therapy - a service for the entire area community. The Koslow Center is a training facility for Marriage and Family Therapy graduate students is provides individuals, couples and families with clinical services regardless of their ability to pay. 3) The School of Engineering has upgraded its Mechanical Engineering teaching laboratory including a thermal-hydraulics laboratory, thanks to a grant from the Earl and Hilda Brinkman Family Foundation. The skill set students will acquire will be valuable for working in numerous industries. 4) The Graduate School of Education announced an innovative new program that re-thinks teacher education for undergraduates and offers the advantage of acting early to make focused choices about teacher training. The School, in collaboration with the College of Arts and Sciences is offering a five-year integrated bachelor of arts-master of arts degree teacher certification program.5) Fairfield has been awarded a $300,000 three-year grant by the U.S. Agency for International Development for a project in Senegal. Faculty from two Fairfield Schools will share co-directorship for the project that will leverage new learning technologies as appropriate for the local environment for teaching health education programs in that country. EXTERNAL RELATIONS1) When Borders Books and Music Store closed its location in downtown Fairfield, the decision was felt deeply throughout the community. Fairfield University has taken over the location and will open a new bookstore/cafe operation in the prime retail space. In addition to the cafe, book and apparel sales, Fairfield University Bookstore will enable the institution to offer its resources and educational programs to the wider regional community. 193184182 1 1 0 0 0 0 1 1 0 1 1 1 1 0 1 0 1 0 1 1 1 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 690 0 3168 1 1 1 1 UK 0 0 0 1 1 0 0 0 0 X 33 32 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 CT X X Julie L Dolan VP for Finance 2032544000 1073 North Benson Road MCA 305 Fairfield CT 068245195 William L Atwell 1.00 X 0 0 0 John F Baldovin SJ 1.00 X 0 0 0 Terrence A Baum SJ 1.00 X 0 0 0 Thomas G Benz SJ 1.00 X 0 0 0 Stephen E Bepler 1.00 X 0 0 0 Joseph F Berardino 1.00 X 0 0 0 Joseph R Bronson 1.00 X 0 0 0 Frank J Carroll III 1.00 X 0 0 0 David H Chafey Jr 1.00 X 0 0 0 Kevin M Conlisk 1.00 X 0 0 0 Timothy J Conway 1.00 X 0 0 0 Sheila K Davidson 1.00 X 0 0 0 Thomas A Franko 1.00 X 0 0 0 Michael J Garanzini SJ 1.00 X 0 0 0 Peter J Gillen 1.00 X 0 0 0 Patricia E Glassford 1.00 X 0 0 0 Brian P Hull 1.00 X 0 0 0 Paul J Huston 1.00 X 0 0 0 Jack L Kelly 1.00 X 0 0 0 Susan Robinson King 1.00 X 0 0 0 Katherine N Lapp 1.00 X 0 0 0 Ned C Lautenbach 1.00 X 0 0 0 Stephen M Lessing 1.00 X 0 0 0 William K Lisecky 1.00 X 0 0 0 Michael E McGuinness 1.00 X 0 0 0 Andrew J McMahon 1.00 X 0 0 0 John C Meditz 1.00 X 0 0 0 Elner L Morrell 1.00 X 0 0 0 George V Murry SJ 1.00 X 0 0 0 Christopher C Quick 1.00 X 0 0 0 Eileen P Rominger 1.00 X 0 0 0 Rosellen W Schnurr 1.00 X 0 0 0 Jeffrey P von Arx SJ 35.00 X X X 300000 0 79815 Charles Allen SJ 35.00 X 87033 0 28529 William J Lucas - deceased 35.00 X X 265000 0 42440 Julie L Dolan - effective 72010 35.00 X X 137500 0 30853 William Weitzer 35.00 X 262000 0 52684 Stephanie Frost 35.00 X 255650 0 53877 Paul Fitzgerald SJ 35.00 X 220000 0 25568 Mark Reed 35.00 X 188675 0 44917 Norman Solomon 35.00 X 198282 0 42921 Susan Franzosa 35.00 X 158230 0 32123 Robin Crabtree 35.00 X 187000 0 34236 Jeanne Novotny 35.00 X 162495 0 32636 Edward Cooley 35.00 X 257592 0 73312 Michael Tucker 35.00 X 185390 0 40385 Gregory Koutmos 35.00 X 178870 0 42076 Joseph Frager 35.00 X 168167 0 44226 Orin Grossman 35.00 X 186667 0 41751 James Estrada 35.00 X 225071 0 225071 3623622 0 967420 156 1 1 0 Gilbane Building Company 7 Jackson Walkway Providence RI 02903 Contractor 16163211 Pavarini NE Construction Co 1111 Summer Street Stamford CT 06905 Contractor 12378522 Sodexho & Affiliates Inc 200 Fifth Ave 4th Fl Waltham MA 02451 Food Service 8773837 SunGard Higher Education 14083 Collections Center Dr Chicago IL 60693 IT Support Services 3046580 ABM Janitorial Services Northeast PO Box 1534 New York NY 10008 Janitorial 2447200 115 2216777 18842899 5915121 21059676 Tuition & fees 611600 164875956 164875956 Auxiliary Enterprises 721000 30769563 30769563 3976379 3976379 199621898 778774 778774 39626543 34598519 5028024 5028024 5028024 1125635 163233 962402 962402 Miscellaneous Income 611710 227232 227232 Summer Conferences 611710 226240 226240 453472 227904246 199621898 453472 6769200 50971627 50971627 2646936 1570753 720533 355650 68610196 58430969 7234199 2945028 5292024 4369040 629080 293904 17740653 11103415 6004621 632617 4916706 4178536 510524 227646 491331 19418 471328 585 266000 266000 867015 4960 862055 1008977 326109 675682 7186 5965310 4254818 964755 745737 5050015 2494513 2511985 43517 8947953 8892941 55012 4356300 3324723 449507 582070 854932 789192 50875 14865 7369113 7099113 270000 12964795 11966506 998289 1015777 315615 699762 400 Contract Services 10937015 10265432 638779 32804 Gen Maint & Equip 4229701 3888156 237939 103606 Study Abroad 3628153 3628153 0 0 Consultants, Honoraria, 2184491 1521095 653847 9549 Library Acquisitions 1756950 1756950 0 0 2338766 2012148 320239 6379 224410736 193184182 25225011 6001543 1063903 898871 15772040 19933478 7130468 6558267 2927282 2610352 446738189 159214364 250500966 287523825 181968759 207383408 37843533 48043925 85246600 47994649 582453551 620946775 26789578 26624611 2257041 2205009 11080185 11761843 236266781 230209640 276393585 270801103 X 175535038 189553829 28447318 54445181 102077610 106146662 306059966 350145672 582453551 620946775 X 3493510 40592196 X X 1 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 9 30.00 0 2 0 1 1 65.00 39200 0 X X X X 0 223395750 3930822 42769642 -3160570 -8188207 0 258747437 203162188 7788395 24663208 -3333986 -8884055 0 223395750 265719544 6645573 -57508960 -3398211 -8295758 0 203162188 0.59000 0.41000 0.00000 0 0 6088550 6088550 333053527 120338021 212715506 11185755 4041607 7144148 43897990 15861106 28036884 52512367 18973630 33538737 287523825 48043925 F 48043925 Deposits with Trustees & Other Assets 47994649 47994649 227904246 224410736 3493510 36335770 4256426 40592196 44085706 267723652 36335770 3483636 39819406 227904246 0 227904246 224410736 0 224410736 0 224410736 Description of How Organization Reports Conservation Easements: Part II, Line 9: The University does not report conservative easements in its financial statements. Part III, Line 4: The Art Collections are important cultural resources of the University, providing arts and academic enrichment to the students, faculty, local community, and international scholarly community. The collections are housed at the Lukacs Gallery, Thomas J. Walsh Art Gallery, the Bellarmine Museum & various locations on campus A website has been designed to give access to these works of art, collections and venues and to provide historical and technical information on the works. The Bellarmine Museum is dedicated to preserving, studying, and exhibiting those objects entrusted to its care, while never losing sight of its obligation to educate and inspire its many audiences, for the greater enrichment of all. The museum is open to the public and free of charge for individuals Description of Intended Use of Endowment Funds: Part V, Line 4: The University's endowment is an aggregation of gifts provided by donors with the requirement they be held in perpetuity to generate earnings now and in future years to support the University's programs of instruction, research and public service and funds designated by the Board of Trustees to function as endowment. Earnings from endowment investments support scholarships, chairs, professorships, fellowships, basic research, as well as academic and public service programs. The endowment should provide stability since the principal is invested and earnings are generated year after year. Net assets associated with endowment funds, including funds designated by the Board of Trustees to function as endowments, are classified and reported based on the existence or absence of donor-imposed restrictions. Schedule D - Part XI - Line 8: Non-operating activities and sponsored programs/research 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Explanation of Nondiscriminatory Policy Publication Schedule E, Part I, Line 3 A notice is published in local papers once each semester. A non-discriminatory statement is included in the Student Handbook, in the job opening section of the OHR website, and in the website of Public Safety. The policy is included in all employment advertising. Fairfield University admits students of any sex, race, color, marital status, sexual orientation, religion, age, national origin or ancestry, disability or handicap to all the rights, privileges, programs, and activities generally accorded or made available to students of the University. It does not discriminate on the basis of sex, race, color, marital status, sexual orientation, gender identity, veteran's status, political ideology, religion, age, national origin or ancestry, disability or handicap in administration of its educational policies, admissions policies, employment policies, scholarship and loan programs, athletic programs, or other University-administered programs. Explanation of Government Financial Assistance Schedule E, Part I, Line 6 Fairfield University receives grants, awards and financial assistance for its students from various governmental agencies. The University has always been in good standing and the right to receive such aid has never been revoked or suspended. Europe 1 2 Program Services Study Abroad Program 3578728 East Asia and the Pacific 0 0 Program Services Study Abroad Program 446999 Central America & Caribbean 0 0 Program Services Study Abroad Program 70659 Sub-Saharan Africa 0 0 Program Services Study Abroad Program 43903 2 0 2 4140289 0 4140289 0 0 0 0 0 0 Alumni Awards Dinner 1125635 1125635 163233 1125635 1125635 163233 163233 962402 1 0 0 Institutional Scholarships 2870 36583273 Book Athletic Scholarships 262 5540519 Book State and Federal Grants 909 2980026 Book Prep School Financial Aid 243 1472247 Book Other Financial Aid 605 4395562 Book Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: Several procedures and reports are used annually to monitor financial aid including: Independent auditors complete the A-133 audit relating to federal student aid; The FISAP report for the Department of Education; Common Data Set (CDS) which is a set of standards and definitions among the higher education community & publishers as represented by the College Board, Peterson's, U.S. News & World Report & the Wintergreen Orchard House. X X 1 1 X X X X X X 1 0 0 0 0 0 0 0 0 Jeffrey P von Arx SJ 300000 0 0 0 0 0 30000 0 49815 0 379815 0 374572 0 William J Lucas - deceased 265000 0 0 0 0 0 24500 0 17940 0 307440 0 314717 0 Julie L Dolan - effective 72010 137500 0 0 0 0 0 12750 0 18103 0 168353 0 0 0 William Weitzer 262000 0 0 0 0 0 24500 0 28184 0 314684 0 301634 0 Stephanie Frost 255650 0 0 0 0 0 24500 0 29377 0 309527 0 309251 0 Paul Fitzgerald SJ 220000 0 0 0 0 0 11000 0 14568 0 245568 0 0 0 Mark Reed 188675 0 0 0 0 0 18000 0 26917 0 233592 0 223424 0 Norman Solomon 198282 0 0 0 0 0 19561 0 23360 0 241203 0 237981 0 Susan Franzosa 158230 0 0 0 0 0 15823 0 16300 0 190353 0 189877 0 Robin Crabtree 187000 0 0 0 0 0 17500 0 16736 0 221236 0 202468 0 Jeanne Novotny 162495 0 0 0 0 0 16249 0 16387 0 195131 0 194646 0 Edward Cooley 215592 0 42000 0 0 0 24500 0 48812 0 330904 0 345049 0 Michael Tucker 185390 0 0 0 0 0 13985 0 26400 0 225775 0 222086 0 Gregory Koutmos 178870 0 0 0 0 0 16195 0 25881 0 220946 0 233688 0 Joseph Frager 168167 0 0 0 0 0 16367 0 27859 0 212393 0 204293 0 Orin Grossman 186667 0 0 0 0 0 18632 0 23119 0 228418 0 255474 0 James Estrada 118432 0 0 0 106639 0 10264 0 14206 0 249541 0 250280 0 Part I, Line 1a The President resides in a house that was donated to the University specifically for the President's use. The house is used extensively for University events. The President lives in the house for the convenience of the University. The Head Coach for men's basketball received membership to a club for the purpose of entertaining potential donors to the Athletic programs. Supplemental Information Part III The salary and benefit equivalents for the President, Secretary and Senior VP, Academic Affairs are paid to the Jesuit Community rather than to the individuals. CHEFA Fairfield University Issue Series M 060806186 20774UVX0 2008-04-10 39445697 Refund Series K & L1 2nd Tranche 1 1 0 CHEFA Fairfield University Issue Series N 060806186 20774UK87 2008-08-21 110773813 Refund Series L/1 & L/2 1 1 0 CHEFA Fairfield University Issue Series O 060806186 20774UW50 2010-03-17 73474749 Various Campus Facilities 0 0 0 CHEFA Fairfield University Issue Series P 060806186 20774UY41 2010-03-17 11573281 Current Refunding of Series H 1 1 0 39445697 3051849 35908423 485424 1 0 1 1 110773813 9938250 96694158 786405 1 0 1 1 73474749 7011334 731405 65732010 2012 0 0 0 1 11573281 1065750 10391034 116497 1 0 1 1 0 0 0 0 1 0.03000 0.03000 1 0 0 0 0 1 0.03000 0.03000 1 0 0 0 0 1 0.03000 0.03000 1 0 0 0 0 1 0.03000 0.03000 1 1 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 Edward Cooley X 100000 71429 0 0 1 71429 X 1 4000 Appraisal X 64 895254 Market X 3 4325000 Appraisal X Research equipment 1 690267 Appraisal X Football tickets 1 600 Actual 4 1 1 1 Description of Arrangement: Part I, Line 30b: On December 29, 2010, Fairfield University received a gift of residential real estate from three donors. The gift agreement stipulates that, should the University sell the property for less than its appraised value (as of 12/29/10) within three years and 1 day of receiving the property, the University will hold the donors harmless for any disallowance or deduction of any tax benefits the donors may have received by reason of their charitable deduction. Third Party Use: Part I, Line 32b: The University uses a broker to sell contributions of publicly traded securities Form 990, Part VI, Section A, line 7a The University is governed by a self-perpetuating Board of Trustees. The election of a Trustee shall require the affirmative vote of a majority of the Trustees in office at the time of such election. A vacancy in the Board of Trustees may be filled at any regular or special meeting of the Board of Trustees. Form 990, Part VI, Section A, line 7b A majority of the Board of Trustees shall constitute a quorum for the transaction of business at any meeting of the Board, provided that if less than a majority of Trustees are present at said meeting, a majority of the Trustees present may adjourn the meeting from time to time until a quorum can be had. If reasonably possible all business requiring Board action should be studied in the first instance by the appropriate Standing Committee which will then advise the Board. Form 990, Part VI, Section B, line 11 a) It is the policy of Fairfield University that the Board of Trustees is presented with a copy of the completed IRS Form 990 before it is filed with the IRS. b) The Form 990 is sent electronically to each Trustee. c) Form 990 (Return of Organization Exempt from Income Tax) is reviewed and approved by the Vice President for Finance before it is forwarded to the Board. d) Form 990 is reviewed by the Finance and Audit Committee before it is filed with the IRS. e) A Board resolution is not required in order for the Form 990 to be filed. Form 990, Part VI, Section B, line 12c Members of the Board of Trustees are asked to sign a Conflict of Interest statement. The statement shall be signed annually by each Board member as a condition of membership on the Board of Trustees. Each Trustee is expected to disclose (in writing) to the Chairman of the Board all situations in which conflicts might exist, or appear to exist. No Trustee having interests conflicting with the interests of the University or appearing so shall take part in the deliberations or votes of the Board involving the question concerning conflict nor seek to influence the other Trustees on that question Exempt level employees are asked to sign a Conflict of Interest Statement annually, with returned forms monitored by the Office of Human Resources (OHR). Should a form be returned that is questionable or that may present potential of a conflict, OHR will investigate further. Form 990, Part VI, Section B, line 15 The process includes all of these elements: (1) Review and approval by the Board of Trustees; (2) Use of data as to comparable compensation; and (3) Contemporaneous documentation and recordkeeping. 1. Review and approval: The compensation is reviewed and approved by the Board of Trustees of Fairfield University, provided that persons with conflicts of interest with respect to the compensation arrangement at issue are not involved in this review and approval. 2. Use of data as to comparable compensation: The compensation of the person is reviewed and approved using data as to comparable compensation for similarly qualified persons in functionally comparable positions at similarly situated universities. The following methods have been used: a. Review by an independent third party b. Conduct market assessment of salaries c. Evaluate the appropriateness of the current salary structure to ensure that we are and remain competitive with the market, as well as remain internally equitable. 3. Contemporaneous documentation and recordkeeping: There is contemporaneous documentation and recordkeeping with respect to the deliberations and decisions regarding the compensation arrangement. Form 990, Part VI, Section C, line 19 Governing documents such as financial statements are available on the University's website and also by request Changes in Net Assets or Fund Balances: Form 990, Part XI, line 5: Net unrealized gains on investments: 36,335,770. Non-Operating activities & Sponsored programs/services 4,256,426. Total to Form 990, Part XI, Line 5: 40,592,196. Form 990, Part XII, Line 2c The Finance and Audit Committee is empowered to appoint, compensate, and oversee the work of any public accounting firm employed by the University. This process has not changed during the tax year.