DREXEL UNIVERSITY: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization
DREXEL UNIVERSITY (EIN 23-1352630)
Tax period
2010-07-01 to 2011-06-30
Filed
2012-05-15
IRS object ID
201221369349301197
Schema version
2010v3.4
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Timestamp2012-05-15T08:55:49-05:00Timestamp
Tax Period End Date2011-06-30TaxPeriodEndDate
Return Type990ReturnType
Tax Period Begin Date2010-07-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN231352630EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1DREXEL UNIVERSITYBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlDREXNameControl
Phone2158952000Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line13201 ARCH STREET NO 420AddressLine1
CityPHILADELPHIACity
StatePAState
ZIP Code191042875ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameHELEN Y BOWMANName
TitleSVP FINANCE/CFO/TREASURERTitle
Phone2158952803Phone
Date Signed2012-05-10DateSigned
FieldValueIRS element (for citing)
Tax Year2010TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Name Of Principal Officer PersonJOHN A FRYNameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

FieldValueIRS element (for citing)
Address Line13141 CHESTNUT STAddressLine1
CityPHILADELPIACity
StatePAState
ZIP Code19104ZIPCode
FieldValueIRS element (for citing)
Gross Receipts937476559GrossReceipts
Group Return For Affiliates0GroupReturnForAffiliates
Organization501c3XOrganization501c3
Web SiteWWW.DREXEL.EDUWebSite
Type Of Organization CorporationXTypeOfOrganizationCorporation
Year Formation1891YearFormation
State Legal DomicilePAStateLegalDomicile
Activity Or Mission DescriptionINTEGRATED ACADEMIC OFFERINGS ENHANCED BY TECHNOLOGY, COOPERATIVE EDUCATION AND CLINICAL PRACTICEActivityOrMissionDescription
Nbr Voting Members Governing Body39NbrVotingMembersGoverningBody
Nbr Independent Voting Members32NbrIndependentVotingMembers
Total Nbr Employees9628TotalNbrEmployees
Total Nbr Volunteers1254TotalNbrVolunteers
Total Gross UBI3324378TotalGrossUBI
Net Unrelated Business Txbl Income-440216NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year96207942ContributionsGrantsPriorYear
Contributions Grants Current Year185526251ContributionsGrantsCurrentYear
Program Service Revenue Prior Year569481488ProgramServiceRevenuePriorYear
Program Service Revenue CY629395436ProgramServiceRevenueCY
Investment Income Prior Year9735979InvestmentIncomePriorYear
Investment Income Current Year25524536InvestmentIncomeCurrentYear
Other Revenue Prior Year5294980OtherRevenuePriorYear
Other Revenue Current Year7155435OtherRevenueCurrentYear
Total Revenue Prior Year680720389TotalRevenuePriorYear
Total Revenue Current Year847601658TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year168723663GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY180624725GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year0BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY0BenefitsPaidToMembersCY
Salaries Etc Prior Year328534266SalariesEtcPriorYear
Salaries Etc Current Year349177305SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year159696TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY159550TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year12028660TotalFundrsngExpCurrentYear
Other Expense Prior Year206630764OtherExpensePriorYear
Other Expenses Current Year215102853OtherExpensesCurrentYear
Total Expenses Prior Year704048389TotalExpensesPriorYear
Total Expenses Current Year745064433TotalExpensesCurrentYear
Revenues Less Expenses Prior Year-23328000RevenuesLessExpensesPriorYear
Revenues Less Expenses CY102537225RevenuesLessExpensesCY
Total Assets BOY1068943000TotalAssetsBOY
Total Assets EOY1338520562TotalAssetsEOY
Total Liabilities BOY594113000TotalLiabilitiesBOY
Total Liabilities EOY700545840TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY474830000NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY637974722NetAssetsOrFundBalancesEOY
Info In Schedule O Part IIIXInfoInScheduleOPartIII
Mission DescriptionDREXEL UNIVERSITY FULFILLS OUR FOUNDER'S VISION OF PREPARING EACH NEW GENERATION OF STUDENTS FOR PRODUCTIVE PROFESSIONAL AND CIVIC LIVES WHILE ALSO FOCUSING OUR COLLECTIVE EXPERTISE ON SOLVING SOCIETY'S GREAT PROBLEMS. DREXEL IS AN ACADEMICALLY COMPREHENSIVE, GLOBALLY ENGAGED, URBAN RESEARCH UNIVERSITY, DEDICATED TO ADVANCING KNOWLEDGE AND SOCIETY AND TO PROVIDING EVERY STUDENT WITH A VALUABLE, RIGOROUS, EXPERIENTIAL, TECHNOLOGY-INFUSED EDUCATION, ENRICHED BY THE NATION'S PREMIER CO-OPERATIVE EDUCATION PROGRAM.MissionDescription
Significant New Program Services0SignificantNewProgramServices
Significant Change0SignificantChange
Expense571022638Expense
Grants168866529Grants
Revenue625151754Revenue
DescriptionINSTRUCTIONDREXEL IS A COMPREHENSIVE NATIONAL RESEARCH UNIVERSITY DEDICATED TO PROVIDING QUALITY UNDERGRADUATE, GRADUATE AND PROFESSIONAL EDUCATION FEATURING EXCELLENT ACADEMICS, STATE-OF-THE-ART TECHNOLOGY AND A FOCUS ON REAL-WORLD LEARNING AND SERVICE.DREXEL OFFERS NATIONALLY ACCREDITED PROGRAMS THAT MEET THE CHANGING NEEDS OF SOCIETY, INCLUDING MORE THAN 70 BACHELOR'S DEGREE PROGRAMS AND MORE THAN 120 GRADUATE AND PROFESSIONAL DEGREE PROGRAMS. THE UNIVERSITY'S MISSION ENCOMPASSES A WIDE RANGE OF DISCIPLINES INCLUDING MEDICINE AND LAW AND SERVES TRADITIONAL, ADULT AND ONLINE STUDENTS.IN MAY 2011 DREXEL ANNOUNCED AN AFFILIATION WITH THE ACADEMY OF NATURAL SCIENCES OF PHILADELPHIA, AMERICA'S OLDEST MAJOR NATURAL HISTORY MUSEUM AND A WORLD LEADER IN NATURAL SCIENCES EDUCATION AND RESEARCH. THIS UNIQUE UNION WILL SERVE AS A NATIONAL MODEL FOR PARTNERSHIPS BETWEEN ACADEMIC INSTITUTIONS TO INCREASE THEIR CREATIVITY AND STABILITY. THE AFFILIATION IS EXPECTED TO LEAD TO MANY NEW EDUCATIONAL OPPORTUNITIES FOR DREXEL STUDENTS, INCLUDING A NEW ACADEMIC DEPARTMENT AND MAJOR, BIODIVERSITY, EARTH AND ENVIRONMENTAL SCIENCES, BUILDING ON THE STRENGTHS OF BOTH INSTITUTIONS.DREXEL CONTINUED TO EXPAND ITS ACADEMIC OFFERINGS IN FY11. THE UNIVERSITY'S COLLEGE OF INFORMATION SCIENCE AND TECHNOLOGY ANNOUNCED A HEALTH INFORMATICS MASTER'S DEGREE PROGRAM, PREPARING MEDICAL AND INFORMATION PROFESSIONALS TO NAVIGATE THE DIGITAL LANDSCAPE OF TODAY'S HEALTH SYSTEM. AND DREXEL SIGNED AN AGREEMENT WITH SHANGHAI JIAO TONG UNIVERSITY IN CHINA TO CREATE AN INTERNATIONAL BIOMEDICAL ENGINEERING DOCTORAL PROGRAM. DREXEL'S CENTER FOR GRADUATE STUDIES IN SACRAMENTO, CALIF., ALSO GRADUATED ITS FIRST CLASS OF NEARLY 100 PROFESSIONALS. DREXEL'S SIGNATURE CO-OPERATIVE EDUCATION PROGRAM ALLOWS UNDERGRADUATE STUDENTS TO PREPARE FOR SUCCESS BY ALTERNATING PERIODS OF CLASSROOM STUDY WITH PAID, REAL-WORLD PROFESSIONAL EXPERIENCE IN THEIR FIELD. EVEN IN THE MIDST OF A SIGNIFICANT RECESSION, DREXEL PLACED 98 PERCENT OF PARTICIPANTS IN CO-OP POSITIONS IN FALL 2010, SENDING MORE THAN 2,000 STUDENTS TO BEGIN SIX-MONTH EXPERIENCES ACROSS 73 MAJOR FIELDS.ONE OF DREXEL'S HIGHEST PRIORITIES IS INCREASING ACCESS TO HIGHER EDUCATION FOR YOUNG PEOPLE REGARDLESS OF MEANS. IN THAT SPIRIT, THE UNIVERSITY LAUNCHED ITS LIBERTY SCHOLARS PROGRAM, PROVIDING FULL TUITION AND FEES FOR 50 HIGH-POTENTIAL PHILADELPHIA STUDENTS EACH YEAR WITH SIGNIFICANT FINANCIAL NEED. LIBERTY SCHOLARS ALSO RECEIVE MENTORING AND ACADEMIC AND COUNSELING SUPPORT.DREXEL CONTINUES TO LEVERAGE THE SUPPORT OF ALUMNI AND OTHER FRIENDS WHO ARE COMMITTED TO THE SUCCESS OF THE UNIVERSITY'S UNIQUE BRAND OF EDUCATION. THE STUDENT EXPERIENCE WILL BE ENHANCED BY NEW FACILITIES SUCH AS STATE-OF-THE-ART ACADEMIC CENTER FOR BUSINESS EDUCATION MADE POSSIBLE BY A $45 MILLION GIFT IN 2011 FROM BENNETT S. LEBOW, CLASS OF 1960, AND THE NEW JAMES E. MARKS INTERCULTURAL CENTER, CONCEIVED BY THE BENEFACTOR TO PROVIDE A HUB FOR PROGRAMS AND EVENTS FOSTERING CULTURAL AND RELIGIOUS RESPECT AND UNDERSTANDING. DREXEL'S EXTENSIVE COMMUNITY-SERVICE AND NEIGHBORHOOD-BUILDING EFFORTS ATTRACTED THE SUPPORT OF PHILIP B. LINDY, WHO CONTRIBUTED $15 MILLION TO ESTABLISH THE LINDY CENTER FOR CIVIC ENGAGEMENT TO HELP DREXEL CONNECT STUDENTS TO SERVICE OPPORTUNITIES AND MAKE AN EVEN BIGGER IMPACT ON ITS COMMUNITY.DREXEL IS ALSO A PIONEER IN ONLINE EDUCATION, OPENING UP NEW OPPORTUNITIES FOR WORKING PEOPLE AROUND THE NATION WHILE ENSURING THAT ONLINE STUDENTS HAVE AN ACADEMIC EXPERIENCE AS FULFILLING AS ON-CAMPUS STUDENTS. THE UNIVERSITY RECEIVED THE 2010 SLOAN CONSORTIUM AWARD FOR EXCELLENCE IN INSTITUTION-WIDE ONLINE EDUCATION, AND DREXEL'S OFFICE OF STUDENT LIFE RECEIVED TWO 2011 EXCELLENCE AWARDS FROM NASPA (STUDENT AFFAIRS ADMINISTRATORS IN HIGHER EDUCATION) FOR ITS EFFORTS TO ENGAGE ONLINE STUDENTS. UNDERGRADUATE ENROLLMENT FOR ACADEMIC YEAR 2010-2011 = 13,980GRADUATE ENROLLMENT FOR ACADEMIC YEAR 2010-2011 = 8,134 NUMBER OF DEGREES CONFERRED IN ACADEMIC YEAR 2010-2011: ASSOCIATE DEGREES = 27 BACHELOR'S DEGREES = 2,667 MASTER'S DEGREES = 2,012 DOCTORAL DEGREES = 326 CERTIFICATES AND OTHER = 142Description

Activity2 Activity2

FieldValueIRS element (for citing)
Expense86006000Expense
Grants11758196Grants
Revenue8257944Revenue
DescriptionRESEARCHDREXEL RESEARCHERS WORK ACROSS DISCIPLINES TO INCREASE THE WORLD'S STORE OF KNOWLEDGE AND TRANSLATE THAT NEW KNOWLEDGE INTO SOLUTIONS WITH TREMENDOUS POSITIVE IMPACT ON SOCIETY. THE UNIVERSITY'S RESEARCH ENTERPRISE CONTINUES TO GROW AND ATTRACT INCREASING EXTRAMURAL SUPPORT, INCLUDING SPONSORED RESEARCH FUNDING OF $119.4 MILLION IN FY2011. DREXEL IS SPECIFICALLY COMMITTED TO TRANSLATIONAL RESEARCH, RIGOROUS ACADEMIC WORK THAT TANGIBLY TRANSLATES INTO INTELLECTUAL PROGRESS AND SOCIAL GOOD. THE UNIVERSITY RECEIVED A MAJOR VOTE OF CONFIDENCE IN ITS ABILITY TO MEET SOCIETY'S NEEDS BY MOVING HEALTHCARE DISCOVERIES INTO THE COMMERCIAL AND CLINICAL SPHERES, WHEN THE WALLACE H. COULTER FOUNDATION ANNOUNCED A $10 MILLION GRANT TO HELP DREXEL ESTABLISH A $20 MILLION ENDOWMENT FOR TRANSLATIONAL RESEARCH IN BIOMEDICAL ENGINEERING. TECHNOLOGY DEVELOPED AT DREXEL THAT IS CLOSE TO REACHING CLINICAL USE INCLUDES A REVOLUTIONARY HANDHELD BREAST CANCER SCREENING DEVICE, NOVEL THERAPEUTICS FOR GENETIC DISEASES AND HAND STERILIZATION TECHNOLOGY UTILIZING THE CUTTING-EDGE, DREXEL-LED FIELD OF PLASMA MEDICINE.THE UNIVERSITY'S AFFILIATION WITH THE ACADEMY OF NATURAL SCIENCES IS OPENING UP NEW AVENUES FOR RESEARCH INTO AREAS OF GREAT BENEFIT TO SOCIETY. THOSE FIELDS INCLUDE ENVIRONMENTAL DEGRADATION, BIODIVERSITY, GLOBAL ECOSYSTEM INTERACTIONS AND SUSTAINABILITY.DURING FY11, DREXEL UNIVERSITY CONDUCTED RESEARCH ON THE FOLLOWING RESEARCH GRANTS:FEDERALLY SPONSORED RESEARCH - 542 GRANTSSTATE OF PENNSYLVANIA SPONSORED RESEARCH - 44 GRANTSCITY OF PHILADELPHIA CONTRACTS - 12 GRANTSPRIVATE FOUNDATION SPONSORED RESEARCH - 119 GRANTSINDUSTRY SPONSORED RESEARCH - 60 GRANTSDescription
FieldValueIRS element (for citing)
Total Program Service Expense657028638TotalProgramServiceExpense
Described In501 C31DescribedIn501C3
Schedule B Required1ScheduleBRequired
Political Activities0PoliticalActivities
Lobbying Activities1LobbyingActivities
Donor Advised Funds0DonorAdvisedFunds
Conservation Easements0ConservationEasements
Collections Of Art1CollectionsOfArt
Credit Counseling0CreditCounseling
Term Or Permanent Endowments1TermOrPermanentEndowments
Report Land Bldg Equip1ReportLandBldgEquip
Report Invest Oth Securities0ReportInvestOthSecurities
Report Prog Rel Invest0ReportProgRelInvest
Report Other Assets0ReportOtherAssets
Report Other Liabilities1ReportOtherLiabilities
Report Fin48 Footnote0ReportFin48Footnote
Independent Audit Financial Stmt0IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt1ConsolidatedAuditFinancialStmt
School1School
Foreign Office0ForeignOffice
Foreign Activities1ForeignActivities
More Than5000 K To Organizations1MoreThan5000KToOrganizations
More Than5000 K To Individuals1MoreThan5000KToIndividuals
Professional Fundraising1ProfessionalFundraising
Fundraising Activities1FundraisingActivities
Gaming0Gaming
Hospital0Hospital
Grants To Organizations1GrantsToOrganizations
Grants To Individuals1GrantsToIndividuals
Schedule J Required1ScheduleJRequired
Tax Exempt Bonds1TaxExemptBonds
Invest Tax Exempt Bonds0InvestTaxExemptBonds
Escrow Account0EscrowAccount
On Behalf Of Issuer0OnBehalfOfIssuer
Excess Benefit Transaction0ExcessBenefitTransaction
Prior Excess Benefit Transaction0PriorExcessBenefitTransaction
Loan To Officer Or DQP0LoanToOfficerOrDQP
Grant To Related Person1GrantToRelatedPerson
Bsnss Rltnshp With Organization0BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member1BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp1OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions1DeductibleNonCashContributions
Deductible Contributions Of Art1DeductibleContributionsOfArt
Terminated0Terminated
Partial Liquidation0PartialLiquidation
Disregarded Entity0DisregardedEntity
Related Entity1RelatedEntity
Related Org Controlled Entity1RelatedOrgControlledEntity
Transaction Related Entity0TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org0TransfersToExemptNonChrtblOrg
Activities Conducted Partnership0ActivitiesConductedPartnership
Schedule O Required1ScheduleORequired
Info In Schedule O Part VXInfoInScheduleOPartV
Number Forms Transmitted With1096974NumberFormsTransmittedWith1096
Number W2 G Included0NumberW2GIncluded
Compliance With Backup Witholding1ComplianceWithBackupWitholding
Number Of Employees9628NumberOfEmployees
Employment Tax Returns Filed1EmploymentTaxReturnsFiled
Unrelated Business Income1UnrelatedBusinessIncome
Form990-T Filed1Form990-TFiled
Foreign Financial Account1ForeignFinancialAccount
Name Of Foreign CountryCJNameOfForeignCountry
Name Of Foreign CountryEINameOfForeignCountry
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTrans
Taxable Party Notification0TaxablePartyNotification
Non Deductible Contributions0NonDeductibleContributions
Quid Pro Quo Contributions1QuidProQuoContributions
Quid Pro Quo Disclosure1QuidProQuoDisclosure
Form8282 Property Disposed Of0Form8282PropertyDisposedOf
Funds To Pay Premiums0FundsToPayPremiums
Premiums Paid0PremiumsPaid
Indoor Tanning Services0IndoorTanningServices
Info In Schedule O Part VIXInfoInScheduleOPartVI
Nbr Voting Governing Body Members39NbrVotingGoverningBodyMembers
Number Independent Voting Members32NumberIndependentVotingMembers
Family Or Business Relationship0FamilyOrBusinessRelationship
Delegation Of Management Duties0DelegationOfManagementDuties
Changes To Organizing Docs0ChangesToOrganizingDocs
Material Diversion Or Misuse0MaterialDiversionOrMisuse
Members Or Stockholders0MembersOrStockholders
Election Of Board Members0ElectionOfBoardMembers
Decisions Subject To Approval0DecisionsSubjectToApproval
Minutes Of Governing Body1MinutesOfGoverningBody
Minutes Of Committees1MinutesOfCommittees
Officer Mailing Address1OfficerMailingAddress
Local Chapters0LocalChapters
Form990 Provided To Governing Body1Form990ProvidedToGoverningBody
Conflict Of Interest Policy1ConflictOfInterestPolicy
Annual Disclosure Covered Persons1AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement1RegularMonitoringEnforcement
Whistleblower Policy1WhistleblowerPolicy
Document Retention Policy1DocumentRetentionPolicy
Compensation Process CEO1CompensationProcessCEO
Compensation Process Other1CompensationProcessOther
Investment In Joint Venture1InvestmentInJointVenture
Written Policy Or Procedure0WrittenPolicyOrProcedure
States Where Copy Of Return Is FiledPAStatesWhereCopyOfReturnIsFiled
Upon RequestXUponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

FieldValueIRS element (for citing)
Business Name Line1TAX OFFICEBusinessNameLine1
FieldValueIRS element (for citing)
Telephone Number2158951463TelephoneNumber

Address US AddressUS

FieldValueIRS element (for citing)
Address Line13201 ARCH STREET SUITE 420AddressLine1
CityPHILADELPHIACity
StatePAState
ZIP Code19104ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (56 entries)

TitleTitleAverage Hours Per WeekAverageHoursPerWeekIndividual Trustee Or DirectorIndividualTrusteeOrDirectorReportable Comp From OrganizationReportableCompFromOrganizationReportable Comp From Related OrgsReportableCompFromRelatedOrgsOther CompensationOtherCompensationOfficerOfficerKey EmployeeKeyEmployeeHighest Compensated EmployeeHighestCompensatedEmployeeFormerFormer
RENEE AMOORE
TRUSTEE2.00X000
PAUL MEL BAIADA
TRUSTEE2.00X000
CHRISTOPHER R BOOTH JR ESQ
TRUSTEE2.00X000
ROBERT R BUCKLEY
TRUSTEE2.00X000
RANDALL S BURKERT
TRUSTEE2.00X000
BARRY C BURKHOLDER
TRUSTEE2.00X000
HONORABLE IDA K CHEN
TRUSTEE2.00X000
KATHLEEN P CHIMICLES
TRUSTEE2.00X000
ABBIE DEAN
TRUSTEE2.00X000
NICHOLAS DEBENEDICTIS
TRUSTEE2.00X000
RICHARD J DEPIANO
TRUSTEE2.00X000
GERIANNE TRINGALI DIPIANO
TRUSTEE2.00X000
JAMES B DOUGHERTY JR ESQ
TRUSTEE2.00X000
ROBERT J DRUMMOND
TRUSTEE2.00X000
BRIAN FORD
TRUSTEE2.00X000
SEAN J GALLAGHER
TRUSTEE2.00X000
DONNA GENTILE O'DONNELL PHD
TRUSTEE2.00X000
RICHARD A GREENAWALT
CHAIRMAN2.00X000X
RICHARD A HAYNE
VICE CHAIR2.00X000X
NINA HENDERSON
TRUSTEE2.00X000
PATRICIA IMBESI
TRUSTEE2.00X000
JOSEPH H JACOVINI ESQ
TRUSTEE2.00X000
JOEL KOPPELMAN
TRUSTEE2.00X000
J MICHAEL LAWRIE
TRUSTEE2.00X000
HUGH C LONG
TRUSTEE2.00X000
ROBERT J MONGELUZZI
TRUSTEE2.00X000
JOHN A NYHEIM
TRUSTEE2.00X000
DENIS P O'BRIEN
TRUSTEE2.00X000
D HOWARD PIERCE
TRUSTEE2.00X000
CHARLES P PIZZI
TRUSTEE2.00X000
WILLIAM T SCHLEYER
TRUSTEE2.00X000
NICHOLAS S SCHORSCH
TRUSTEE2.00X000
STEPHEN A SHELLER ESQ
TRUSTEE2.00X000
STANLEY W SILVERMAN
TRUSTEE2.00X000
MANUEL N STAMATAKIS
TRUSTEE2.00X000
CHARLES K VALUTAS
TRUSTEE2.00X000
CELESTINO R PENNONI -7110-73110
INTERIM PRESIDENT2.00X000X
JOHN A FRY - 8110-63011
PRESIDENT40.00X269955022559X
RAPHAEL C LEE
TRUSTEE2.00X000
THOMAS J ELZEY - 7110-113010
SVP FINANCE/CFO/TREASURER40.00787093039680X
MICHAEL J EXLER ESQ
SECRETARY40.00243695035192X
ERIC J OLSON - 12110-51711
INTERIM SVP FINANCE/CFO/TREASURER40.00184704030111X
HELEN BOWMAN - 51811-63011
SVP FINANCE/CFO/TREASURER40.00000X
MARK GREENBERG
PROVOST40.00429520040133X
CARL OXHOLM III ESQ
DEAN/CEO, CTR-GRAD STUDIES40.00422564037744X
ELIZABETH DALE
SVP INST ADVANCEMENT40.00376903033958X
JAMES TUCKER
SVP STUDENT LIFE & ADMIN40.00380922027520X
JOAN MCDONALD
SVP ENROLLMENT MANAGEMENT40.00317430027520X
SELCUK GUCERI PHD
DEAN-COLLEGE OF ENGINEERIN40.00318969037411X
DONNA MURASKO PHD
DEAN-SCHOOL OF ARTS & SCIE40.00310911034697X
JOHN A BIELEC PHD
CHIEF INFORMATION OFFICER40.00340712028017X
RALPH WALKLING PHD
CHAIR-DEPARTMENT OF FINANC40.00370152038319X
GEORGE TSETSEKOS PHD
DEAN-LEBOW COLLEGE OF BUSI40.00374643040133X
ROGER DENNIS ESQ
DEAN-EARL MACK SCHOOL OF L40.00339541027520X
JAMES FLINT JR
HEAD COACH, ATHLETICS40.00347993035233X
PETER FRISKO
FORMER INTERIM VP INST ADV40.00211714025920X
FieldValueIRS element (for citing)
Total Reportable Comp From Org6027421TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs0TotalReportableCompFrmRltdOrgs
Total Other Compensation561667TotalOtherCompensation
Number Individuals GT100 K576NumberIndividualsGT100K
Formers Listed1FormersListed
Total Comp GT150 K1TotalCompGT150K
Compensation From Other Sources0CompensationFromOtherSources

Contractor Compensation ContractorCompensation (5 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1CityAddressOfContractor/AddressUS/CityStateAddressOfContractor/AddressUS/StateZIP CodeAddressOfContractor/AddressUS/ZIPCodeDescription Of ServicesDescriptionOfServicesCompensationCompensation
TURNER CONSTRUCTION COMPANY
1835 MARKET STREET 21ST FLOORPHILADELPHIAPA19103CONSTRUCTION SERVICES41623252
SODEXO SERVICES
9801 WASHINGTON BLVDGAITHERSBURGPA20878FOOD SERVICES15564508
UNICCO SERVICES COMPANY
4002 SOLUTIONS CENTERCHICAGOIL606774400MECHANICAL/CUSTODIAL5606161
ALLIED BARTON SECURITY SERVICES LLC
EIGHT TOWER BRIDGE 161 WASHINGTONCONSHOHOCKENPA19428SECURITY SERVICES3977317
MEYER SCHERER & ROCKCASTLE LTD
710 S SECOND STREET EIGHTH FLOORMINNEAPOLISMN55401ARCHITECTURAL & INTERIOR DESIGN2002477
FieldValueIRS element (for citing)
Number Of Contractors GT100 K80NumberOfContractorsGT100K
Fundraising Events705106FundraisingEvents
Related Organizations12435452RelatedOrganizations
Government Grants96194907GovernmentGrants
All Other Contributions76190786AllOtherContributions
Noncash Contributions3001150NoncashContributions
Total Contributions185526251TotalContributions

Program Service Revenue ProgramServiceRevenue (4 entries)

DescriptionDescriptionBusiness CodeBusinessCodeTotal Revenue ColumnTotalRevenueColumnRelated Or Exempt Function IncomeRelatedOrExemptFunctionIncome
TUITION AND FEES900099550305849550305849
AUXILIARY ENTERPRISES6117106474431364744313
OTHER PROGRAM SERVICES6117101219765912197659
EDUCATIONAL ACTIVITIES61160021476152147615
FieldValueIRS element (for citing)
Total Program Service Revenue629395436TotalProgramServiceRevenue

Investment Income InvestmentIncome

FieldValueIRS element (for citing)
Total Revenue Column4365180TotalRevenueColumn
Exclusion$4,365,180ExclusionAmount

Income From Invest Bond Proceeds IncomeFromInvestBondProceeds

FieldValueIRS element (for citing)
Total Revenue Column125808TotalRevenueColumn
Exclusion$125,808ExclusionAmount

Royalties Revenue RoyaltiesRevenue

FieldValueIRS element (for citing)
Total Revenue Column98803TotalRevenueColumn
Exclusion$98,803ExclusionAmount

Gross Rents GrossRents

FieldValueIRS element (for citing)
Real128374Real

Less Rental Expenses LessRentalExpenses

FieldValueIRS element (for citing)
Real87240Real

Rental Income Or Loss RentalIncomeOrLoss

FieldValueIRS element (for citing)
Real41134Real

Net Rental Income Or Loss NetRentalIncomeOrLoss

FieldValueIRS element (for citing)
Total Revenue Column41134TotalRevenueColumn
Exclusion$41,134ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

FieldValueIRS element (for citing)
Securities110338303Securities

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

FieldValueIRS element (for citing)
Securities89304755Securities

Gain Or Loss GainOrLoss

FieldValueIRS element (for citing)
Securities21033548Securities

Net Gain Or Loss Investments NetGainOrLossInvestments

FieldValueIRS element (for citing)
Total Revenue Column21033548TotalRevenueColumn
Exclusion$21,033,548ExclusionAmount
FieldValueIRS element (for citing)
Gross Income Fundraising Events159764GrossIncomeFundraisingEvents
Cntrbtns Rprtd Fundraising Events705106CntrbtnsRprtdFundraisingEvents
Fundraising Direct Expenses482906FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

FieldValueIRS element (for citing)
Total Revenue Column-323142TotalRevenueColumn
Exclusion-$323,142ExclusionAmount

Other Revenue Misc OtherRevenueMisc (3 entries)

DescriptionDescriptionBusiness CodeBusinessCodeTotal Revenue ColumnTotalRevenueColumnRelated Or Exempt Function IncomeRelatedOrExemptFunctionIncomeUnrelated Business RevenueUnrelatedBusinessRevenue
MISCELLANEOUS REVENUE90009934523842787903664481
APPLICATION SVC PROG54151932102003210200
STUDENT FEES & FINES900099506809506809

Miscellaneous Revenue MiscellaneousRevenue

FieldValueIRS element (for citing)
Total Revenue Column169247TotalRevenueColumn
Related Or Exempt Function Income719550RelatedOrExemptFunctionIncome
Unrelated Business Revenue-550303UnrelatedBusinessRevenue
FieldValueIRS element (for citing)
Total Other Revenue7338640TotalOtherRevenue

Total Revenue TotalRevenue

FieldValueIRS element (for citing)
Total Revenue Column847601658TotalRevenueColumn
Related Or Exempt Function Income633409698RelatedOrExemptFunctionIncome
Unrelated Business Revenue3324378UnrelatedBusinessRevenue
Exclusion$25,341,331ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

FieldValueIRS element (for citing)
Total15286238Total
Program Services15286238ProgramServices

Grants To Domestic Individuals GrantsToDomesticIndividuals

FieldValueIRS element (for citing)
Total138065226Total
Program Services138065226ProgramServices

Foreign Grants ForeignGrants

FieldValueIRS element (for citing)
Total27273261Total
Program Services27273261ProgramServices

Comp Current Officers Directors CompCurrentOfficersDirectors

FieldValueIRS element (for citing)
Total4046200Total
Program Services2104721ProgramServices
Management And General1368444ManagementAndGeneral
Fundraising573035Fundraising

Other Salaries And Wages OtherSalariesAndWages

FieldValueIRS element (for citing)
Total275961245Total
Program Services228432395ProgramServices
Management And General40790326ManagementAndGeneral
Fundraising6738524Fundraising

Pension Plan Contributions PensionPlanContributions

FieldValueIRS element (for citing)
Total18678160Total
Program Services15461796ProgramServices
Management And General2759864ManagementAndGeneral
Fundraising456500Fundraising

Other Employee Benefits OtherEmployeeBenefits

FieldValueIRS element (for citing)
Total31933976Total
Program Services26322216ProgramServices
Management And General4786629ManagementAndGeneral
Fundraising825131Fundraising

Payroll Taxes PayrollTaxes

FieldValueIRS element (for citing)
Total18557724Total
Program Services15279037ProgramServices
Management And General2794107ManagementAndGeneral
Fundraising484580Fundraising

Fees For Services Management FeesForServicesManagement

FieldValueIRS element (for citing)
Total142497Total
Management And General142497ManagementAndGeneral

Fees For Services Legal FeesForServicesLegal

FieldValueIRS element (for citing)
Total1008466Total
Program Services178415ProgramServices
Management And General825901ManagementAndGeneral
Fundraising4150Fundraising

Fees For Services Accounting FeesForServicesAccounting

FieldValueIRS element (for citing)
Total523233Total
Management And General523233ManagementAndGeneral

Fees For Services Lobbying FeesForServicesLobbying

FieldValueIRS element (for citing)
Total476290Total
Program Services476290ProgramServices

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total159550Total
Fundraising159550Fundraising

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

FieldValueIRS element (for citing)
Total627358Total
Management And General627358ManagementAndGeneral

Fees For Services Other FeesForServicesOther

FieldValueIRS element (for citing)
Total29026156Total
Program Services23820693ProgramServices
Management And General4578987ManagementAndGeneral
Fundraising626476Fundraising

Advertising Advertising

FieldValueIRS element (for citing)
Total2967774Total
Program Services2902075ProgramServices
Management And General65699ManagementAndGeneral

Office Expenses OfficeExpenses

FieldValueIRS element (for citing)
Total27654526Total
Program Services22111551ProgramServices
Management And General4794419ManagementAndGeneral
Fundraising748556Fundraising

Information Technology InformationTechnology

FieldValueIRS element (for citing)
Total13533268Total
Program Services10212969ProgramServices
Management And General3190466ManagementAndGeneral
Fundraising129833Fundraising

Royalties Royalties

FieldValueIRS element (for citing)
Total1751409Total
Program Services1552218ProgramServices
Management And General199191ManagementAndGeneral

Occupancy Occupancy

FieldValueIRS element (for citing)
Total38000419Total
Program Services36861640ProgramServices
Management And General1134780ManagementAndGeneral
Fundraising3999Fundraising

Travel Travel

FieldValueIRS element (for citing)
Total10803810Total
Program Services9777383ProgramServices
Management And General784728ManagementAndGeneral
Fundraising241699Fundraising

Conferences Meetings ConferencesMeetings

FieldValueIRS element (for citing)
Total5783795Total
Program Services4994644ProgramServices
Management And General447958ManagementAndGeneral
Fundraising341193Fundraising

Interest Interest

FieldValueIRS element (for citing)
Total15499708Total
Program Services15499708ProgramServices

Payments To Affiliates PaymentsToAffiliates

FieldValueIRS element (for citing)
Total24535757Total
Program Services24535757ProgramServices

Depreciation Depletion DepreciationDepletion

FieldValueIRS element (for citing)
Total24679276Total
Program Services23198519ProgramServices
Management And General1480757ManagementAndGeneral

Insurance Insurance

FieldValueIRS element (for citing)
Total3614403Total
Program Services2918944ProgramServices
Management And General641715ManagementAndGeneral
Fundraising53744Fundraising

Other Expenses OtherExpenses (5 entries)

DescriptionDescriptionTotalTotalProgram ServicesProgramServicesManagement And GeneralManagementAndGeneralFundraisingFundraising
BAD DEBT EXPENSE41119564111956
RECRUITING265994224821401766061196
LOSS ON DISPOSITION OF194035596551930700
PROFESSIONAL MEMBERSHIP1637060109111051272133229
SPONSORSHIPS152239373075978058411050

All Other Expenses AllOtherExpenses

FieldValueIRS element (for citing)
Total2603002Total
Program Services1337322ProgramServices
Management And General669465ManagementAndGeneral
Fundraising596215Fundraising

Total Functional Expenses TotalFunctionalExpenses

FieldValueIRS element (for citing)
Total745064433Total
Program Services657028638ProgramServices
Management And General76007135ManagementAndGeneral
Fundraising12028660Fundraising

Cash Non Interest Bearing CashNonInterestBearing

FieldValueIRS element (for citing)
BOY34322BOY
EOY35539EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

FieldValueIRS element (for citing)
BOY27554678BOY
EOY33280048EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

FieldValueIRS element (for citing)
BOY75099000BOY
EOY119112476EOY

Accounts Receivable AccountsReceivable

FieldValueIRS element (for citing)
BOY50251000BOY
EOY50451298EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

FieldValueIRS element (for citing)
BOY9821000BOY
EOY11025133EOY
FieldValueIRS element (for citing)
Land Buildings Equipment Basis818781862LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec232151182LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

FieldValueIRS element (for citing)
BOY553544000BOY
EOY586630680EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

FieldValueIRS element (for citing)
BOY286265000BOY
EOY457519843EOY

Investments Other Securities InvestmentsOtherSecurities

FieldValueIRS element (for citing)
BOY48767000BOY
EOY60746000EOY

Investments Program Related InvestmentsProgramRelated

FieldValueIRS element (for citing)
BOY16555000BOY
EOY16264205EOY

Other Assets Total OtherAssetsTotal

FieldValueIRS element (for citing)
BOY1052000BOY
EOY3455340EOY

Total Assets TotalAssets

FieldValueIRS element (for citing)
BOY1068943000BOY
EOY1338520562EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

FieldValueIRS element (for citing)
BOY106254000BOY
EOY115980177EOY

Deferred Revenue DeferredRevenue

FieldValueIRS element (for citing)
BOY68409000BOY
EOY70742448EOY

Tax Exempt Bond Liabilities TaxExemptBondLiabilities

FieldValueIRS element (for citing)
BOY352115000BOY
EOY445714342EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

FieldValueIRS element (for citing)
BOY15505000BOY
EOY12757409EOY

Other Liabilities OtherLiabilities

FieldValueIRS element (for citing)
BOY51830000BOY
EOY55351464EOY

Total Liabilities TotalLiabilities

FieldValueIRS element (for citing)
BOY594113000BOY
EOY700545840EOY
FieldValueIRS element (for citing)
Follow SFAS117XFollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

FieldValueIRS element (for citing)
BOY287510000BOY
EOY354440359EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY89356000BOY
EOY171555230EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

FieldValueIRS element (for citing)
BOY97964000BOY
EOY111979133EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY474830000BOY
EOY637974722EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

FieldValueIRS element (for citing)
BOY1068943000BOY
EOY1338520562EOY
FieldValueIRS element (for citing)
Info In Schedule O Part XIXInfoInScheduleOPartXI
Reconcilation Revenue Expenses102537225ReconcilationRevenueExpenses
Reconcilation Other Changes60607497ReconcilationOtherChanges
Info In Schedule O Part XIIXInfoInScheduleOPartXII
Method Of Accounting AccrualXMethodOfAccountingAccrual
Accountant Compile Or Review0AccountantCompileOrReview
FS Audited1FSAudited
Audit Committee1AuditCommittee
Financial Statement ConsolidatedXFinancialStatementConsolidated
Federal Grant Audit Required1FederalGrantAuditRequired
Federal Grant Audit Performed1FederalGrantAuditPerformed

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
School170b1 AiiXSchool170b1Aii

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

FieldValueIRS element (for citing)
Contributor NumberRESTRICTEDContributorNumber

Contributor Name Business ContributorNameBusiness

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor Address US ContributorAddressUS

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Aggregate ContributionsRESTRICTEDAggregateContributions

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Volunteers1Volunteers
Paid Staff Or Management0PaidStaffOrManagement
Media Advertisements0MediaAdvertisements
Mailings Members1MailingsMembers
Mailings Members$71,295MailingsMembersAmount
Publications Or Broadcast0PublicationsOrBroadcast
Grants Other Organizations0GrantsOtherOrganizations
Direct Contact Legislators1DirectContactLegislators
Direct Contact Legislators$404,995DirectContactLegislatorsAmount
Rallies Demonstrations0RalliesDemonstrations
Other Activities0OtherActivities
Total Lobbying Expenditures IIB476290TotalLobbyingExpendituresIIB
Not Described In501c30NotDescribedIn501c3

Form990 Schedule C Part IV Form990ScheduleCPartIV

FieldValueIRS element (for citing)
IdentifierEXPLANATION OF OTHER LOBBYING ACTIVITIES:Identifier
Return ReferencePART II-B, LINE 1I:ReturnReference
ExplanationLINE A - VOLUNTEERS: DREXEL UNIVERSITY HAS USED VOLUNTEERS TO HELP GET OUR MESSAGE TO ELECTED OFFICIALS. STUDENT VOLUNTEERS PARTICIPATE IN ACTIVITIES SUCH AS STUDENT LOBBYING DAY, SPONSORED BY THE ASSOCIATION FOR INDEPENDENT COLLEGES AND UNIVERSITIES, DURING WHICH STUDENTS TRAVEL TO HARRISBURG TO MEET THEIR ELECTED OFFICIALS. THIS PROGRAM IS DEVELOPED IN CONJUNCTION WITH THE STUDENT GOVERNMENT ASSOCIATION. LINE D - MAILINGS TO MEMBERS, LEGISLATORS OR THE PUBLIC: IN CASES WHERE LEGISLATION MAY OR WILL AFFECT THE UNIVERSITY, ITS SUBSIDIARIES OR HIGHER EDUCATION IN GENERAL, WE MAKE CONTACT WITH LEGISLATORS THROUGH MAILINGS. THESE ARE PERSONALIZED MAILINGS RATHER THAN DIRECT MAIL CAMPAIGNS. LINE G - DIRECT CONTACT WITH LEGISLATORS, THEIR STAFFS, GOVERNMENT OFFICIALS, OR A LEGISLATIVE BODY: WE HAVE DIRECT CONTACT WITH OUR LEGISLATORS, THEIR STAFFS, AND VARIOUS GOVERNMENT OFFICIALS THROUGHOUT THE YEAR VIA PHONE CALLS, WRITTEN CORRESPONDENCE, AND MEETINGS. THE FREQUENCY OF CONTACT DEPENDS ON THE ISSUES AT HAND.Explanation

Schedule D IRS990ScheduleD

Art Public Exhibition Amts ArtPublicExhibitionAmts

FieldValueIRS element (for citing)
Assets In Part X8845026AssetsInPartX
FieldValueIRS element (for citing)
Collect Used For Public ExhibitionXCollectUsedForPublicExhibition
Collect Used For Scholar ResearchXCollectUsedForScholarResearch
Collect Used For PreservationXCollectUsedForPreservation
Solicited Assets For Sale0SolicitedAssetsForSale

Current Year CurrentYear

FieldValueIRS element (for citing)
Beginning Of Year Balance305402000BeginningOfYearBalance
Contributions35214000Contributions
Investment Earnings Or Losses58733000InvestmentEarningsOrLosses
Grants Or Scholarships4275410GrantsOrScholarships
Other Expenditures12487590OtherExpenditures
End Of Year Balance382586000EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

FieldValueIRS element (for citing)
Beginning Of Year Balance290578000BeginningOfYearBalance
Contributions5991000Contributions
Investment Earnings Or Losses26089000InvestmentEarningsOrLosses
Grants Or Scholarships4623190GrantsOrScholarships
Other Expenditures12632810OtherExpenditures
End Of Year Balance305402000EndOfYearBalance

Current Year Minus2 Years CurrentYearMinus2Years

FieldValueIRS element (for citing)
Beginning Of Year Balance379632000BeginningOfYearBalance
Contributions6557000Contributions
Investment Earnings Or Losses-77701000InvestmentEarningsOrLosses
Grants Or Scholarships4840385GrantsOrScholarships
Other Expenditures13069615OtherExpenditures
End Of Year Balance290578000EndOfYearBalance
FieldValueIRS element (for citing)
Board Designated EOY Balance0.52000BoardDesignatedEOYBalance
Permanent Endowment EOY Balance0.28000PermanentEndowmentEOYBalance
Term Endowment EOY Balance0.20000TermEndowmentEOYBalance
Endowments Held By Unrelated Orgs0EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs0EndowmentsHeldByRelatedOrgs

Land Land

FieldValueIRS element (for citing)
Other Cost Or Other Basis44952985OtherCostOrOtherBasis
Book Value44952985BookValue

Buildings Buildings

FieldValueIRS element (for citing)
Other Cost Or Other Basis643864660OtherCostOrOtherBasis
Depreciation157433887Depreciation
Book Value486430773BookValue

Leasehold Improvements LeaseholdImprovements

FieldValueIRS element (for citing)
Other Cost Or Other Basis10904742OtherCostOrOtherBasis
Depreciation5078427Depreciation
Book Value5826315BookValue

Equipment Equipment

FieldValueIRS element (for citing)
Other Cost Or Other Basis74986628OtherCostOrOtherBasis
Depreciation43118453Depreciation
Book Value31868175BookValue

Other Land Buildings OtherLandBuildings

FieldValueIRS element (for citing)
Other Cost Or Other Basis44072847OtherCostOrOtherBasis
Depreciation26520415Depreciation
Book Value17552432BookValue
FieldValueIRS element (for citing)
Total Of Book Value Land Buildings586630680TotalOfBookValueLandBuildings

Other Liabilities OtherLiabilities (4 entries)

DescriptionDescriptionAmountAmount
DEPOSITS$16,888,761
GOVERNMENT ADVANCES FOR STUDENT LOANS$13,234,290
DUE TO AFFILIATES$22,141,353
CAPITAL LEASE, ARMORY$3,087,060
FieldValueIRS element (for citing)
Total Of Amounts55351464TotalOfAmounts

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (3 entries)

Return ReferenceReturnReferenceExplanationExplanationIdentifierIdentifier
PART III, LINE 4:THE DREXEL COLLECTION, FOUNDED BY A.J. DREXEL IN 1892, CONSISTS OF 6,000 OBJECTS. PAINTINGS AND SCULPTURE FROM THE PERMANENT COLLECTION ARE ON DISPLAY IN THE A.J. DREXEL PICTURE GALLERY, THE RINCLIFFE GALLERY, AND IN THE PAUL PECK ALUMNI CENTER. EUROPEAN DECORATIVE ARTS ARE DISPLAYED THROUGHOUT THE GREAT COURT. TOURS ARE CONDUCTED IN THE GALLERIES FOR VISITORS. ALL OF THE GALLARIES ARE FREE AND OPEN TO THE PUBLIC.
PART V, LINE 4:DREXEL UNIVERSITY HAD AN ENDOWMENT SPENDING RULE THAT LIMITED THE SPENDING OF ENDOWMENT RESOURCES TO 5% OF THE AVERAGE MARKET VALUE OF THE POOLED ENDOWMENT PORTFOLIO FOR THE PRIOR THREE FISCAL YEARS. TO THE EXTENT THAT CURRENT YIELD IS INADEQUATE TO MEET THE SPENDING RULE, A PORTION OF CUMULATIVE REALIZED NET GAINS IS AVAILABLE FOR CURRENT USE. ENDOWMENT RESOURCES ARE USED TO FUND SCHOLARSHIPS, ACADEMIC PROGRAMS AND PROFESSORSHIPS.DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS:
PART X:THE UNIVERSITY DID NOT HAVE A LIABILITY FOR UNCERTAIN TAX POSITIONS UNDER FIN 48.DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy Stmt1NondiscriminatoryPolicyStmt
Policy Statement In Brochures Etc1PolicyStatementInBrochuresEtc
Policy Publ Via Broadcast Media1PolicyPublViaBroadcastMedia
Maint Racial Composition Records1MaintRacialCompositionRecords
Maint Scholarships Records1MaintScholarshipsRecords
Maint Copies Of Brochures Etc1MaintCopiesOfBrochuresEtc
Maint Copies Of All Solicitations1MaintCopiesOfAllSolicitations
Discriminate Race Students Rights0DiscriminateRaceStudentsRights
Discriminate Race Admiss Policies0DiscriminateRaceAdmissPolicies
Discriminate Race Emplmn Faculty0DiscriminateRaceEmplmnFaculty
Discriminate Race Scholarships0DiscriminateRaceScholarships
Discriminate Race Educ Policies0DiscriminateRaceEducPolicies
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFclts
Discriminate Race Athletic Prog0DiscriminateRaceAthleticProg
Discriminate Race Other Acty0DiscriminateRaceOtherActy
Government Financial Aid Received1GovernmentFinancialAidReceived
Government Financial Aid Revoked0GovernmentFinancialAidRevoked
Compliance With Rev Proc75501ComplianceWithRevProc7550

Form990 Schedule E Part II Form990ScheduleEPartII (3 entries)

IdentifierIdentifierReturn ReferenceReturnReferenceExplanationExplanation
EXPLANATION OF NONDISCRIMINATORY POLICY PUBLICATIONSCHEDULE E, PART I, LINE 3DREXEL UNIVERSITY INCLUDES ITS RACIALLY NONDISCRIMINATORY POLICY IN NEWSPAPER AND MAGAZINE ADVERTISING DURING REGISTRATION PERIODS AND IN STUDENT BROCHURES.
EXPLANATION OF RACIAL DISCRIMINATIONSCHEDULE E, PART I, LINE 5DREXEL UNIVERSITY WAS FOUNDED UPON THE PRINCIPLE OF DIVERSITY AS AN EDUCATIONAL GOAL AND REMAINS COMMITTED TO THAT PRINCIPLE TODAY. IN 1892, NOTED FINANCIER, PHILANTHROPIST, AND ADVISOR TO U.S. PRESIDENTS, ANTHONY J. DREXEL CREATED THE DREXEL INSTITUTE OF ART, SCIENCE AND INDUSTRY TO PROVIDE HIGHER EDUCATION TO MEN AND WOMEN OF THE WORKING CLASS WHO WERE NOT WELCOME IN THE COLLEGES AND UNIVERSITIES OF THAT DAY. A.J.DREXEL ENVISIONED A LEARNING ENVIRONMENT IN WHICH YOUNG MEN AND WOMEN WOULD LEARN SKILLS AND ACQUIRE KNOWLEDGE IN SUBJECTS THAT WOULD PREPARE THEM FOR REWARDING CAREERS. DREXEL'S CO-OPERATIVE EDUCATION PROGRAM ENCOURAGES STUDENTS TO LEARN HOW TO WORK TOGETHER BY PLACING THEM IN REAL BUSINESS SETTINGS THAT ARE INCREASINGLY DIVERSE. WE HAVE EMBRACED DIVERSITY BECAUSE WE KNOW THERE IS NO OTHER WAY TO ENSURE OUR STUDENTS ARE PREPARED FOR A DIVERSE WORLD. WE WILL CONTINUE TO HONOR OUR FOUNDERS' VISIONS, CREATING A DIVERSE STUDENT COMMUNITY AS AN ESSENTIAL PART OF OUR MISSION.
EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCESCHEDULE E, PART I, LINE 6DREXEL UNIVERSITY RECEIVES FUNDS FROM VARIOUS FEDERAL AND STATE GOVERNMENTAL AGENCIES UNDER THEIR RESPECTIVE STUDENT FINANCIAL AID ASSISTANCE PROGRAMS. FEDERAL PROGRAMS INCLUDE THE PELL GRANT PROGRAM, SUPPLEMENTAL EDUCATION OPPORTUNITY GRANT (SEOG) PROGRAM, COLLEGE WORK STUDY (CWS) PROGRAM AND PERKINS LOAN PROGRAM. THE STATE PROGRAM IS THE PENNSYLVANIA HIGHER EDUCATION ASSISTANCE PROGRAM FOR STUDENTS. IN ADDITION, THE UNIVERSITY IS AWARDED SPONSORED RESEARCH AND OTHER GRANTS BY VARIOUS FEDERAL AGENCIES, INCLUDING NSF AND HHS.

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records Maintained0GrantRecordsMaintained

Accts Actvs Out US Table AcctsActvsOutUSTable (39 entries)

RegionRegionNumber Of OfficesNumberOfOfficesNumber Of EmployeesNumberOfEmployeesType Of Activities ConductedTypeOfActivitiesConductedSpecific Services ProvidedSpecificServicesProvidedTotal ExpendituresTotalExpenditures
EUROPE00PROGRAM SERVICESATHLETICS12195
NORTH AMERICA00PROGRAM SERVICESATHLETICS1499
EUROPE00BUSINESS215
SOUTH AMERICA00BUSINESS16
SOUTH ASIA00FUNDRAISING25
EUROPE00FUNDRAISING12894
EAST ASIA AND THE PACIFIC00FUNDRAISING4072
NORTH AMERICA00FUNDRAISING3892
SOUTH ASIA00PROGRAM SERVICESCONFERENCES/TRAVEL2179
EUROPE00PROGRAM SERVICESCONFERENCES/TRAVEL352879
EAST ASIA AND THE PACIFIC00PROGRAM SERVICESCONFERENCES/TRAVEL104578
SOUTH AMERICA00PROGRAM SERVICESCONFERENCES/TRAVEL50257
SUB-SAHARAN AFRICA00PROGRAM SERVICESCONFERENCES/TRAVEL268
CENTRAL AMERICA00PROGRAM SERVICESCONFERENCES/TRAVEL30921
RUSSIA00PROGRAM SERVICESCONFERENCES/TRAVEL446
MIDDLE EAST & NORTH AFRICA00PROGRAM SERVICESCONFERENCES/TRAVEL28617
SOUTH ASIA00PROGRAM SERVICESRECRUITING16971
EUROPE00PROGRAM SERVICESRECRUITING48439
EAST ASIA AND THE PACIFIC00PROGRAM SERVICESRECRUITING73257
SOUTH AMERICA00PROGRAM SERVICESRECRUITING7573
NORTH AMERICA00PROGRAM SERVICESRECRUITING5143
SUB-SAHARAN AFRICA00PROGRAM SERVICESRECRUITING3952
CENTRAL AMERICA00PROGRAM SERVICESRECRUITING1251
MIDDLE EAST & NORTH AFRICA00PROGRAM SERVICESRECRUITING7138
SOUTH ASIA00PROGRAM SERVICESRESEARCH6361
EUROPE00PROGRAM SERVICESRESEARCH412831
EAST ASIA AND THE PACIFIC00PROGRAM SERVICESRESEARCH90877
SOUTH AMERICA00PROGRAM SERVICESRESEARCH5751
NORTH AMERICA00PROGRAM SERVICESRESEARCH515363
SUB-SAHARAN AFRICA00PROGRAM SERVICESRESEARCH205605
RUSSIA00PROGRAM SERVICESRESEARCH3023
MIDDLE EAST & NORTH AFRICA00PROGRAM SERVICESRESEARCH73815
EUROPE00PROGRAM SERVICESSTUDY ABROAD181965
EAST ASIA AND THE PACIFIC00PROGRAM SERVICESSTUDY ABROAD29321
SOUTH AMERICA00PROGRAM SERVICESSTUDY ABROAD316
NORTH AMERICA00PROGRAM SERVICESSTUDY ABROAD315
CENTRAL AMERICA00PROGRAM SERVICESSTUDY ABROAD47250
MIDDLE EAST & NORTH AFRICA00PROGRAM SERVICESSTUDY ABROAD365
NORTH AMERICA00PROGRAM SERVICESINSTRUCTION54972
FieldValueIRS element (for citing)
Subtotal Number Of Offices0SubtotalNumberOfOffices
Subtotal Number Of Employees0SubtotalNumberOfEmployees
Cont Number Of Offices0ContNumberOfOffices
Cont Number Of Employees0ContNumberOfEmployees
Total Number Of Offices0TotalNumberOfOffices
Total Number Of Employees0TotalNumberOfEmployees
Subtotal Amount Spent34808SubtotalAmountSpent
Cont Amount Spent2361999ContAmountSpent
Total Amount Spent2396807TotalAmountSpent

Grants To Orgs Outside US GrantsToOrgsOutsideUS (9 entries)

RegionRegionPurpose Of GrantPurposeOfGrantAmount Of Cash GrantAmountOfCashGrantManner Of Cash DisbursementMannerOfCashDisbursementAmount Of Non Cash AssistanceAmountOfNonCashAssistance
EUROPERESEARCH77235WIRE0
EUROPERESEARCH117780WIRE0
MIDDLE EAST AND NORTH AFRICARESEARCH50000WIRE0
NORTH AMERICARESEARCH77046CHECK0
EUROPERESEARCH184384CHECK0
NORTH AMERICARESEARCH9500CHECK0
NORTH AMERICARESEARCH13867CHECK0
NORTH AMERICARESEARCH332616CHECK
EAST ASIA AND THE PACIFICRESEARCH44641CHECK
FieldValueIRS element (for citing)
Total Number Of501c3 Orgs6TotalNumberOf501c3Orgs
Total Number Of Other Orgs3TotalNumberOfOtherOrgs

Grants To Ind Outside US GrantsToIndOutsideUS (9 entries)

Type Of AssistanceTypeOfAssistanceRegionRegionNumber Of RecipientsNumberOfRecipientsAmount Of Cash GrantAmountOfCashGrantManner Of Cash DisbursementMannerOfCashDisbursementAmount Of Non Cash AssistanceAmountOfNonCashAssistance
SCHOLARSHIPSCENTRAL AMERICA AND THE CARIBBEAN39445036CREDIT TO STUDENT ACCOUNTS0
SCHOLARSHIPSEAST ASIA AND THE PACIFIC7009450635CREDIT TO STUDENT ACCOUNTS0
SCHOLARSHIPSEUROPE2444470601CREDIT TO STUDENT ACCOUNTS0
SCHOLARSHIPSMIDDLE EAST AND NORTH AFRICA841296574CREDIT TO STUDENT ACCOUNTS0
SCHOLARSHIPSNORTH AMERICA38668012CREDIT TO STUDENT ACCOUNTS0
SCHOLARSHIPSRUSSIA AND NEWLY INDEPENDENT STATES71949521CREDIT TO STUDENT ACCOUNTS0
SCHOLARSHIPSSOUTH AMERICA50604591CREDIT TO STUDENT ACCOUNTS0
SCHOLARSHIPSSOUTH ASIA4796342731CREDIT TO STUDENT ACCOUNTS0
SCHOLARSHIPSSUB-SAHARAN AFRICA1552136633CREDIT TO STUDENT ACCOUNTS0
FieldValueIRS element (for citing)
Transfer To Foreign Corp0TransferToForeignCorp
Interest In Foreign Trust0InterestInForeignTrust
Own Foreign Corp0OwnForeignCorp
Passive Foreign Invest Co0PassiveForeignInvestCo
Foreign Partnership0ForeignPartnership
Boycott Countries0BoycottCountries

Form990 Schedule F Part V Form990ScheduleFPartV

FieldValueIRS element (for citing)
IdentifierPROCEDURE FOR MONITORING GRANTS OUTSIDE THE U.S.:Identifier
ExplanationSCHEDULE F, PART I, LINE 2: THE PRINCIPAL INVESTIGATOR HAVING RESPONSIBILITY FOR THE GRANT MONITORS SUBCONTRACTOR PERFORMANCE BASED ON THE PROGRAM'S TASKS AND GOALS. THE PRINCIPAL INVESTIGATOR REVIEWS THE PERFORMANCE BEFORE AUTHORIZING THE SUBCONTRACTOR'S INVOICE FOR PAYMENT.Explanation

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Mail SolicitationsXMailSolicitations
Email SolicitationsXEmailSolicitations
Phone SolicitationsXPhoneSolicitations
In Person SolicitationsXInPersonSolicitations
Solicitation Of Non Govt GrantsXSolicitationOfNonGovtGrants
Special Fundraising EventsXSpecialFundraisingEvents
Agreement Ref Fundraising1AgreementRefFundraising

Fundraiser Activity Information FundraiserActivityInformation

Name Of Organization NameOfOrganization

FieldValueIRS element (for citing)
Business Name Line1STOCKADE CONSULTING GROUP INCBusinessNameLine1

Address US AddressUS

FieldValueIRS element (for citing)
Address Line1650 FRANKLIN STREETAddressLine1
CitySCHENECTADYCity
StateNYState
ZIP Code12305ZIPCode
FieldValueIRS element (for citing)
ActivityTELEMARKETINGActivity
Fundraiser Control Of Funds0FundraiserControlOfFunds
Gross Receipts324657GrossReceipts
Amount Retained By Contractor159550AmountRetainedByContractor
Net To Organization165107NetToOrganization
FieldValueIRS element (for citing)
Total Gross Receipts324657TotalGrossReceipts
Total Retained By Contractors159550TotalRetainedByContractors
Total Net To Organization165107TotalNetToOrganization
Licensed StatesALLicensedStates
Licensed StatesAKLicensedStates
Licensed StatesARLicensedStates
Licensed StatesCALicensedStates
Licensed StatesCOLicensedStates
Licensed StatesCTLicensedStates
Licensed StatesDELicensedStates
Licensed StatesFLLicensedStates
Licensed StatesGALicensedStates
Licensed StatesHILicensedStates
Licensed StatesIDLicensedStates
Licensed StatesILLicensedStates
Licensed StatesINLicensedStates
Licensed StatesIALicensedStates
Licensed StatesKSLicensedStates
Licensed StatesKYLicensedStates
Licensed StatesLALicensedStates
Licensed StatesMELicensedStates
Licensed StatesMDLicensedStates
Licensed StatesMALicensedStates
Licensed StatesMILicensedStates
Licensed StatesMNLicensedStates
Licensed StatesMSLicensedStates
Licensed StatesMOLicensedStates
Licensed StatesMTLicensedStates
Licensed StatesMTLicensedStates
Licensed StatesNELicensedStates
Licensed StatesNVLicensedStates
Licensed StatesNHLicensedStates
Licensed StatesNJLicensedStates
Licensed StatesNMLicensedStates
Licensed StatesNYLicensedStates
Licensed StatesNCLicensedStates
Licensed StatesNDLicensedStates
Licensed StatesOHLicensedStates
Licensed StatesOKLicensedStates
Licensed StatesPALicensedStates
Licensed StatesRILicensedStates
Licensed StatesSCLicensedStates
Licensed StatesSDLicensedStates
Licensed StatesTNLicensedStates
Licensed StatesTXLicensedStates
Licensed StatesUTLicensedStates
Licensed StatesVTLicensedStates
Licensed StatesVALicensedStates
Licensed StatesWALicensedStates
Licensed StatesWVLicensedStates
Licensed StatesWILicensedStates
Licensed StatesWILicensedStates
Licensed StatesWYLicensedStates

Events Information EventsInformation

FieldValueIRS element (for citing)
Name Of Event114TH PRESIDENT INAUGURATIONNameOfEvent1
Gross Receipts Event1277500GrossReceiptsEvent1
Charitable Contributions Event1269790CharitableContributionsEvent1
Gross Revenue Event17710GrossRevenueEvent1
Rent Facility Costs Event123759RentFacilityCostsEvent1
Food And Beverage Event141689FoodAndBeverageEvent1
Other Direct Expenses Event112973OtherDirectExpensesEvent1
Name Of Event2BUSINESS LEADER OF THE YEARNameOfEvent2
Gross Receipts Event2161700GrossReceiptsEvent2
Charitable Contributions Event2139105CharitableContributionsEvent2
Gross Revenue Event222595GrossRevenueEvent2
Rent Facility Costs Event245090RentFacilityCostsEvent2
Food And Beverage Event226401FoodAndBeverageEvent2
Other Direct Expenses Event240773OtherDirectExpensesEvent2
Total Number Of Other Events5TotalNumberOfOtherEvents
Gross Receipts Other Events425670GrossReceiptsOtherEvents
Charitable Contrib Other Events296211CharitableContribOtherEvents
Gross Revenue Other Events129459GrossRevenueOtherEvents
Non Cash Prizes Other Events42541NonCashPrizesOtherEvents
Rent Facility Costs Other Events136365RentFacilityCostsOtherEvents
Food And Beverage Other Events83424FoodAndBeverageOtherEvents
Other Direct Expenses Other Events29891OtherDirectExpensesOtherEvents
Gross Receipts Total864870GrossReceiptsTotal
Charitable Contributions Total705106CharitableContributionsTotal
Gross Revenue Total Events159764GrossRevenueTotalEvents
Non Cash Prizes Total Events42541NonCashPrizesTotalEvents
Rent Facility Costs Total Events205214RentFacilityCostsTotalEvents
Food And Beverage Total Events151514FoodAndBeverageTotalEvents
Other Direct Expenses Total Events83637OtherDirectExpensesTotalEvents
Direct Expense Summary Events482906DirectExpenseSummaryEvents
Net Income Summary-323142NetIncomeSummary

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Records Maintained1RecordsMaintained

Recipient Table RecipientTable (99 entries)

Address Line1AddressUS/AddressLine1CityAddressUS/CityStateAddressUS/StateZIP CodeAddressUS/ZIPCodeEIN Of RecipientEINOfRecipientAmount Of Cash GrantAmountOfCashGrantPurpose Of GrantPurposeOfGrantIRC SectionIRCSectionAddress Line2AddressUS/AddressLine2
ABRAXIS LLC
54 STEAMWHISTLE DRIVEWARMINSTERPA1897423300479725000RESEARCH
ANTENNA RESEARCH ASSOCIATES
12201 INDIAN CREEK COURTBELTSVILLEMD2070552078403590438RESEARCH
ARGON ST NETWORK SYSTEMS
12701 FAIR LAKES CIRCLE SUITE 800FAIRFAXVA22033381873250121309RESEARCH
BAYLOR COLLEGE OF MEDICINE
ONE BAYLOR PLAZAHOUSTONTX77030341174161387829864RESEARCH501(C)(3)
BLOOMSBURG UNIVERSITY
400 EAST SECOND STREETBLOOMSBURGPA186602327389308653RESEARCH501(C)(3)
BRANDEIS UNIVERSITY
415 SOUTH STREETWALTHAMMA02454911004210355251737RESEARCH501(C)(3)
BRYN MAWR COLLEGE
101 NORTH MERION AVENUEBRYN MAWRPA191012899231352621175835RESEARCH501(C)(3)
CARNEGIE MELLON UNIVERSITY
5000 FORBES AVENUEPITTSBURGHPA1521325096944949926RESEARCH501(C)(3)
CASE WESTERN RESERVE UNIVERSITY
10900 EUCLID AVENUECLEVELANDOH441067006341018992135334RESEARCH501(C)(3)
CHARLES LOOMIS CHARISS MCAFEE ARCHITECTS INC
1906 RITTENHOUSE SQUAREPHILADELPHIAPA1910323302521129363RESEARCH
CHARLESTON COUNTY SCHOOL DISTRICT
3999 BRIDGE VIEW DRIVENORTH CHARLESTONSC2940557600032223410RESEARCHCOUNTY OF CHARLESTON
CHEYNEY UNIVERSITY
1837 UNIVERSITY CIRCLECHEYNEYPA1931923247868821552RESEARCH501(C)(3)
CHILDRENS HOSPITAL OF LOS ANGELES
4650 SUNSET BLVDLOS ANGELESCA90027941690977208196RESEARCH501(C)(3)
CHILDRENS HOSPITAL OF PHILADELPHIA
34TH STREET CIVIC CENTER BLVDPHILADELPHIAPA191042313521666092RESEARCH501(C)(3)
COALITION OF NATIONAL CANCER COOPER
1818 MARKET STREET SUITE 1100PHILADELPHIAPA19103232935628128331RESEARCH501(C)(3)
COLBY COLLEGE
4120 MAYFLOWER HILL DRIVEWATERVILLEME0490101021149721224RESEARCH501(C)(3)
COLUMBIA UNIVERSITY
615 WEST 131ST STREET 3RD FLOORNEW YORKNY10027135598093117521RESEARCH501(C)(3)
COMMUNITY COLLEGE OF PHILADELPHIA
1700 SPRING GARDEN STREETPHILADELPHIAPA1913023261269820969RESEARCH501(C)(3)
DANA-FARBER CANCER INSTITUTE
44 BINNEY STREET BP414BOSTONMA02115042263040186720RESEARCH501(C)(3)
DELAWARE STATE UNIVERSITY
1200 N DUPONT HIGHWAYDOVERDE19901510305893303709RESEARCH501(C)(3)
DESERT RESEARCH INSTITUTE
2215 RAGGIO PARKWAYRENONV8951288600002467588RESEARCH501(C)(3)
FLORIDA ATLANTIC UNIVERSITY
PO BOX 3091 777 GLADES ROADBUCO RATONFL33431099165038550718300RESEARCH501(C)(3)
FLORIDA STATE UNIVERSITY
A2200 UNIVERSITY CENTERTALLAHASSEEFL32306239059091728449255RESEARCH501(C)(3)
FRANCISCAN HOSPITAL FOR CHILDREN
30 WARREN STREETBRIGHTONMA0213504215608216937RESEARCH501(C)(3)
GEISINGER MEDICAL CENTER
100 NORTH ACADEMY AVENUEDANVILLEPA178222407959595610RESEARCH501(C)(3)
GEORGIA TECH RESEARCH CORP
711 MARIETTA STREETATLANTAGA3031858600202383676RESEARCHSTATE OF GEORGIA
HARTZBAND CENTER FOR HIP & KNEE REP
10 FOREST AVENUEPARAMUSNJ0765216163546637500RESEARCH
HARVARD UNIVERSITY
1033 MASSACHUSETTS AVENUE 2ND FLOORCAMBRIDGEMA0213804210358085087RESEARCH501(C)(3)FLOOR
JOHNS HOPKINS UNIVERSITY
8013 CORPORATE DRIVE SUITE DBALTIMOREMD21236520595110876097RESEARCH501(C)(3)
KAISER FOUNDATION RESEARCH
1800 HARRISON STREET 16TH FLOOROAKLANDCA94612941105628828004RESEARCH501(C)(3)
KDH ELECTRONICS SYSTEMS
401 BROAD STREETJOHNSTOWNPA15906200391151108735RESEARCH
LINCOLN UNIVERSITY
1570 BALTIMORE PIKELINCOLN UNIVERSITYPA1935223135265510878RESEARCH501(C)(3)
MASSACHUSETTS INSTITUTE OF TECHNOLOGY
77 MASSACHUSETTS AVENUECAMBRIDGEMA02139042103594190009RESEARCH501(C)(3)
MICHIGAN STATE UNIVERSITY
360 ADMINISTRATION BUILDINGEAST LANSINGMI48824104638600598459214RESEARCH501(C)(3)
MOBILE COUNTY PUBLIC SCHOOL
1 MAGNUM PASSMOBILEAL36618636000774204607RESEARCH501(C)(3)
NATIONAL BUREAU OF ECONOMIC RESEARCH
1050 MASSACHUSETTS AVENUECAMBRIDGEMA0213813164107571843RESEARCH501(C)(3)
NATIONAL DEVELOPMENT AND RESEARCH INSTITUTED INC
71 W 23RD STREET 8TH FLOORNEW YORKNY10010237009089196189RESEARCH501(C)(3)
NATIONAL JEWISH MEDICAL & RESEARCH
1400 JACKSON STREETDENVERCO8020674204464725385RESEARCH501(C)(3)
NEW JERSEY INSTITUTE OF TECHNOLOGY
2000 PENNINGTON ROADEWINGNJ08628071822279739815230RESEARCH501(C)(3)
NORTHWESTERN UNIVERSITY
2001 SHERIDAN ROAD LEVERONE 371EVANSTONIL6020836216781710192RESEARCH501(C)(3)
PENNSYLVANIA STATE UNIVERSITY
JAMES M ELLIOTT BUILDING SUITE 202UNIVERSITY PARKPA1680224600037672000RESEARCH501(C)(3)
PHILADELPHIA HEALTH MANAGEMENT CORP
260 SOUTH BROAD STREET 18TH FLOORPHILADELPHIAPA19102508523722102531243RESEARCH501(C)(3)
PUBLIC HEALTH INSTITUTE
555 12TH STREET 10TH FLOOROAKLANDCA94607404694164627888923RESEARCH501(C)(3)
QCOM INC
475 ROUTE 520 SUITE 200MARLBORONJ07746223418893125399RESEARCH
REGENTS OF UNIVERSITY OF CALIFORNIA
ONE SHIELDS AVENUEDAVISCA95616946036494513804RESEARCH501(C)(3)
ROTHMAN INSTITUTE
PO BOX 757910PHILADELPHIAPA19175791023285688059811RESEARCH501(C)(3)
ROWAN UNIVERSITY
201 MULLICA HILL ROADGLASSBORONJ0802822276481940358RESEARCH501(C)(3)
SAVANNAH RIVER NUCLEAR SOLUTIONS LLC
PO BOX 6809AIKENSC29808260240191108507RESEARCH
ST LUKE'S-ROOSEVELT HOSPITAL CENTER
1111 AMSTERDAM AVENUENEW YORKNY1002513299730140328RESEARCH501(C)(3)
SWARTHMORE COLLEGE
500 COLLEGE AVENUESWARTHMOREPA1908123135268339162RESEARCH501(C)(3)
TEMPLE UNIVERSITY
1805 N BROAD STREETPHILADELPHIAPA1912223136597119702RESEARCH501(C)(3)
THE TOR PROJECT
969 MAIN STREET SUITE 206WALPOLEMA0208120809682020991RESEARCH501(C)(3)
THOMAS JEFFERSON UNIVERSITY
1020 WALNUT STREETPHILADELPHIAPA19107231352651112802RESEARCH501(C)(3)
TRUSTEES OF UNIVERSITY OF PENNSYLVANIA
3451 WALNUT STREETPHILADELPHIAPA191042313526851278291RESEARCH501(C)(3)
UNIVERSITY OF ARIZONA
888 N EUCLID AVENUE ROOM 502 PO BOXTUCSONAZ85722331074265268950801RESEARCH501(C)(3)3310
UNIVERSITY OF CALIFORNIA
ONE SHIELDS AVENUEDAVISCA95616946036494122533RESEARCH501(C)(3)
UNIVERSITY OF CHICAGO
5801 S ELLIS AVENUECHICAGOIL6063736217713969693RESEARCH501(C)(3)
UNIVERSITY OF DELAWARE
222 SOUTH CHAPEL STREETNEWARKDE1971651600029741410RESEARCH501(C)(3)
UNIVERSITY OF ILLINOIS
506 S WRIGHT 209 HAB MC339URBANAIL6180137600051113049RESEARCH501(C)(3)
UNIVERSITY OF LOUISVILLE
501 E BROADWAY MEDCENTER ONE SUITELOUISVILLEKY4020217986110296266086RESEARCH501(C)(3)200
UNIVERSITY OF MARYLAND
220 ARCH STREET 13TH FLOOR ROOMBALTIMOREMD2120152600203346660RESEARCH501(C)(3)02-128
UNIVERSITY OF MEDICINE AND DENTISTRY
PO BOX 3009NEWARKNJ07103000922177530656654RESEARCH501(C)(3)
UNIVERSITY OF MINNESOTA
1300 S 2ND STREET ROOM 288MINNEAPOLISMN5545441600751358152RESEARCH501(C)(3)
UNIVERSITY OF PITTSBURGH
116 ATWOOD STREET SUITE 201PITTSBURGHPA1526025096559160168RESEARCH501(C)(3)
UNIVERSITY OF TENNESSEE
301 ANDY HOLT TOWERKNOXVILLETN37996010062600163615028RESEARCH501(C)(3)
UNIVERSITY OF TEXAS HEALTH CENTER AT TYLER
11937 US HIGHWAY 271TYLERTX75708315475600135422089RESEARCH501(C)(3)
UNIVERSITY OF WASHINGTON
3903 BROOKLYN AVENUE NESEATTLEWA981056694916001537228462RESEARCH501(C)(3)
WEST TEXAS A & M UNIVERSITY
WT BOX 60999CANYONTX7901675603140532359RESEARCH501(C)(3)
RUTGERS UNIVERSITY
120 ALBANY STREETNEW BRUNSWICKNJ0890123731874252151RESEARCH501(C)(3)
UNIVERSITY OF CONNECTICUT
352 MANSFIELD ROAD UNIT 2048STORRSCT062690607721605755RESEARCH
FOX CHASE CANCER CENTER
333 COTTMAN AVENUEPHILADELPHIAPA191112320030728745RESEARCH501(C)(3)
URBAN AFFAIRS COALITION
1207 CHESTNUT STREET 7TH FLOORPHILADELPHIAPA1910723704639356963RESEARCH501(C)(3)
UNIVERSITY OF WISCONSIN SYSTEM
601 UNIVERSITY AVEMADISONWI5371539600649221555RESEARCH
UNIVERSITY OF TEXAS
601 COLORADO STREETAUSTINTX7870174600020314998RESEARCH
UNIVERSITY OF NORTH CAROLINA AT GREENSBORO
1400 SPRING GARDEN STGREENSBORONC2741256600146883327RESEARCH
RICHARD STOCKTON COLLEGE OF NJ
JIMMIE LEEDS ROADPOMONANJ082402228327885994RESEARCH501(C)(3)
NORTH CAROLINA STATE UNIVERSITY
PO BOX 7207RALEIGHNC276955660007567018RESEARCH501(C)(3)
COMMUNITY LEGAL SERVICES INC
1424 CHESTNUT STREETPHILADELPHIAPA191022316715629849RESEARCH
DRAKONTAS LLC
ONE FEDERAL STREETCAMDENNJ08103510500763890800RESEARCH
ENERGY COORDINATING AGENCY OF PHILADELPHIA
1924 ARCH STREETPHILADELPHIAPA1910322260211345000RESEARCH
LUTHERAN HOSPITAL
2609 FRANKLIN BLVDCLEVELANDOH4411334071468424636RESEARCH501(C)(3)
CENTER FOR LABOR MARKET STUDIES (UNDER NORTHEASTERN UNIVERSITY)
360 HUNTINGTON AVENUEBOSTONMA0211504167998010000RESEARCH
ECONSULT CORPORATION
1435 WALNUT STREET SUITE 300PHILADELPHIAPA1910223212102650000RESEARCH
CME
3690 70TH AVE NPINELLAS PARKFL337815934068881382548RESEARCH
WESTGATE CONSULTING GROUP INC
1955 HIGHWAY 34 BUILDING 1AWALLNJ07719111111111623667RESEARCH
SABRE SYSTEMS INC
PO BOX 3417WARMINSTERPA1897423254888651190RESEARCH
SPECIALTY SYSTEMS
1451 ROUTE 37 WESTTOMS RIVERNJ087552222470502436382RESEARCH
PA MENTAL HEALTH CONSUMERS ASSOCIATION
4105 DERRY STREETHARRISBURGPA1711123248428313381RESEARCH501(C)(3)
MURRAY STATE UNIVERSITY
200 SPARKS HALLMURRAYKY4207161100578311674RESEARCH501(C)(3)
COMMUNITY ACTION DEVELOPMENT
113 E MAIN STREETNORRISTOWNPA1940123168989231381RESEARCH501(C)(3)
UNIVERSITY OF TEXAS HEALTH SCIENCE CENTER HOUSTON
7000 FANNIN SUITE 1200HOUSTONTX7703074176130985386RESEARCH
UNIVERSITY OF TEXAS MD ANDERSON CANCER CENTER
1515 HOLCOMBE BLVDHOUSTONTX7703074600111818519RESEARCH
VIRIDITY ENERGY
1801 MARKET ST SUITE 2701PHILADELPHIAPA19103264124010511121RESEARCH
BIOQUAL INC
9600 MEDICAL CENTER DRIVE SUITE 200ROCKVILLEMD2085013307819915443RESEARCH200
INOVIO PHARMACEUTICALS
1787 SENTRY PKY BLDG 18 SUITE 400BLUE BELLPA19422330969592218458RESEARCH
RICE UNIVERSITY
6100 MAIN STREETHOUSTONTX77005741109620134939RESEARCH501(C)(3)
CITY OF PHILADELPHIA
1111111119626RESEARCH
BATTELLE
505 KING AVENUECOLUMBUSOH4320131437942718550RESEARCH501(C)(3)
PATHWAYS PROGRAM
310 ALMOSLAND ROADHOLMESPA190432320018377576RESEARCH501(C)(3)
FieldValueIRS element (for citing)
Total Nbr Of501 C3 And Govt Grants70TotalNbrOf501C3AndGovtGrants
Total Nbr Of Other Organizations29TotalNbrOfOtherOrganizations

Form990 Schedule I Part III Form990ScheduleIPartIII

FieldValueIRS element (for citing)
Type Of GrantSCHOLARSHIPS AND AWARDSTypeOfGrant
Number Of Recipients11756NumberOfRecipients
Amount Of Cash Grant138065226AmountOfCashGrant

Form990 Schedule I Part IV Form990ScheduleIPartIV

FieldValueIRS element (for citing)
IdentifierPROCEDURE FOR MONITORING GRANTS IN THE U.S.:Identifier
Return ReferencePART I, LINE 2:ReturnReference
ExplanationSCHEDULE I, PART I, LINE 2: THE PRINCIPAL INVESTIGATOR HAVING RESPONSIBILITY FOR THE GRANT MONITORS SUBCONTRACTOR PERFORMANCE BASED ON THE PROGRAM'S TASKS AND GOALS. THE PRINCIPAL INVESTIGATOR REVIEWS THE PERFORMANCE BEFORE AUTHORIZING THE SUBCONTRACTOR'S INVOICE FOR PAYMENT.Explanation

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
First Class Or Charter TravelXFirstClassOrCharterTravel
Travel For CompanionsXTravelForCompanions
Idemnification Gross Up PaymentsXIdemnificationGrossUpPayments
Housing Allowance Or ResidenceXHousingAllowanceOrResidence
Club Dues Or FeesXClubDuesOrFees
Personal ServicesXPersonalServices
Written Policy Re T And E Expenses0WrittenPolicyReTAndEExpenses
Substantiation Required1SubstantiationRequired
Compensation CommitteeXCompensationCommittee
Independent ConsultantXIndependentConsultant
Form990 Of Other OrganizationsXForm990OfOtherOrganizations
Written Employment ContractXWrittenEmploymentContract
Compensation SurveyXCompensationSurvey
Board Or Committee ApprovalXBoardOrCommitteeApproval
Severance Payment1SeverancePayment
Supplemental Nonqual Retire Plan1SupplementalNonqualRetirePlan
Equity Based Comp Arrangement0EquityBasedCompArrangement
Comp Based On Revenue Of Filing Org0CompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related Orgs0CompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing Org0CompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate Orgs0CompBasedNetEarningsRelateOrgs
Any Non Fixed Payments0AnyNonFixedPayments
Initial Contract Exception0InitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII (17 entries)

Base Compensation Filing OrgBaseCompensationFilingOrgComp Based On Related OrgsCompBasedOnRelatedOrgsBonus Filing OrgBonusFilingOrgBonus Related OrgsBonusRelatedOrgsOther Compensation Filing OrgOtherCompensationFilingOrgOther Compensation Related OrgsOtherCompensationRelatedOrgsDeferred Comp Filing OrgDeferredCompFilingOrgDeferred Comp Related OrgsDeferredCompRelatedOrgsNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgNontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgsTotal Compensation Filing OrgTotalCompensationFilingOrgTotal Compensation Related OrgsTotalCompensationRelatedOrgsComp Report Prior990 Filing OrgCompReportPrior990FilingOrgComp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs
JOHN A FRY - 8110-63011
2699550000017188053710292514000
THOMAS J ELZEY - 7110-113010
42070904500003213840269500127300826773000
MICHAEL J EXLER ESQ
24369500000220500131420278887000
ERIC J OLSON - 12110-51711
18470400000171430129680214815000
MARK GREENBERG
42952000000269500131830469653000
CARL OXHOLM III ESQ
392187025000053770269500107940460308000
ELIZABETH DALE
33690304000000026950070080410861000
JAMES TUCKER
3159220650000002695005700408442000
JOAN MCDONALD
2674300500000002695005700344950000
SELCUK GUCERI PHD
31896900000269500104610356380000
DONNA MURASKO PHD
3109110000026950077470345608000
JOHN A BIELEC PHD
286478037000017234026950010670368729000
RALPH WALKLING PHD
37015200000269500113690408471000
GEORGE TSETSEKOS PHD
37464300000269500131830414776000
ROGER DENNIS ESQ
339541000002695005700367061000
JAMES FLINT JR
34799300000220500131830383226000
PETER FRISKO
2117140000019392065280237634000

Form990 Schedule J Part III Form990ScheduleJPartIII (3 entries)

Return ReferenceReturnReferenceExplanationExplanation
PART I, LINE 1AUNIVERSITY POLICY AUTHORIZES BUSINESS OR FIRST-CLASS TRAVEL FOR ALL EMPLOYEES WHEN FLIGHTS EXCEED FIVE HOURS IN DURATION WITH THE APPROPRIATE APPROVAL IN ADVANCE. THE PRESIDENT IS PROVIDED HOUSING AS A CONDITION OF EMPLOYMENT AND FOR THE CONVENIENCE OF THE UNIVERSITY. PERSONAL SERVICES FOR MAID/CLEANING SERVICES ARE PROVIDED FOR THE HOUSE AS UNIVERSITY RELATED EVENTS AND ACTIVITIES ARE HELD AT THE RESIDENCE. THE PRESIDENT IS ALSO PROVIDED A DRIVER TO ATTEND UNIVERSITY RELATED EVENTS. THE PRESIDENT RECEIVES SOCIAL CLUB MEMBERSHIPS FOR BUSINESS-RELATED ACTIVITIES. THE TREASURER, MR. ELZEY, RECEIVED TAX INDEMNIFICATION FOR TAXABLE TUITON REMISSION BENEFITS AND PERSONAL USE OF HIS UNIVERSITY VEHICLE. THE DEAN/CEO RECEIVED TRAVEL FOR A COMPANION AND THE CHIEF INFORMATION OFFICER RECEIVED A HOUSING ALLOWANCE, BOTH TREATED AS TAXABLE COMPENSATION. SOCIAL CLUB DUES FOR BUSINESS-RELATED ACTIVITIES WERE PROVIDED FOR SENIOR VICE PRESIDENTS AND DEANS WHICH ARE TREATED AS NON-TAXABLE COMPENSATION.
PART I, LINE 1BTAX INDEMINIFICATION WAS APPROVED BY THE PRESIDENT FOR THE TREASURER. HOUSING ALLOWANCES AND SOCIAL CLUB MEMBERSHIPS WERE APPROVED BY THE PRESIDENT OR PROVOST.
PART I, LINES 4A-B

Schedule K IRS990ScheduleK

Form990 Schedule K Part I Form990ScheduleKPartI (4 entries)

Issuer EINIssuerEINCUSIP NumberCUSIPNumberDate IssuedDateIssuedIssue PriceIssuePriceDescription Of PurposeDescriptionOfPurposeDefeasedDefeasedOn Behalf Of IssuerOnBehalfOfIssuerPool FinancingPoolFinancing
PENNSYLVANIA HIGHER EDUCATIONAL FACILITIES AUTHORITY 2011A
23224385270917RX752011-05-16160304025NEW CONSTR/BLDG RENOV/REFUNDING OF 1997, 1998, 1998-2, 2003B000
PENNSYLVANIA HIGHER EDUCATIONAL FACILITIES AUTHORITY 2007B
23224385270917RNP62007-10-0430000000SCIENCE BLDG/DORMITORY/WELLNESS CENTER000
PENNSYLVANIA HIGHER EDUCATIONAL FACILITIES AUTHORITY 2007A
23224385270917RMJ12007-10-0496463410SCIENCE BLDG/DORMITORY/WELLNESS CENTER000
PENNSYLVANIA HIGHER EDUCATIONAL FACILITIES AUTHORITY 2005A&B
23224385270917N3B82005-02-1661312145CAPITAL IMPROVEMENTS/EQUIPMENT/ADV REFUNDING OF 1997/1999 BONDS000

Form990 Schedule K Part II Form990ScheduleKPartII (4 entries)

Total ProceedsTotalProceedsIssuance Costs From ProceedsIssuanceCostsFromProceedsCapital ExpendituresCapitalExpendituresOther Spent ProceedsOtherSpentProceedsAmount UnspentAmountUnspentCurrent RefundingCurrentRefundingAdvance RefundingAdvanceRefundingFinal Allocation MadeFinalAllocationMadeAdequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaindAmount RetiredAmountRetiredCapitalized InterestCapitalizedInterestCredit EnhancementCreditEnhancement
16030448013862701000000059095696898225141001
305728132854252748355300011110000270000011508
9825116383541586701839000190229471529000
633105558332182890779034167910309062001111345000879260

Form990 Schedule K Part III Form990ScheduleKPartIII (4 entries)

Owning Bond Financed PropertyOwningBondFinancedPropertyAny Lease ArrangementsAnyLeaseArrangementsMngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprtyAny Research AgreementsAnyResearchAgreementsBond Counsel Routinely EngagedBondCounselRoutinelyEngagedPrcntge Prvt Business Use By OthersPrcntgePrvtBusinessUseByOthersPercentage Of Prvt Business Re UBIPercentageOfPrvtBusinessReUBITotal Private Business UseTotalPrivateBusinessUsePost Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs
011010.001000.000800.001801
000010.000000.000000.000001
000010.000000.000000.000001
011010.016000.011200.027201

Form990 Schedule K Part IV Form990ScheduleKPartIV (4 entries)

Form8038 T FiledForm8038TFiledVariable Rate IssueVariableRateIssueHedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecdsGross Proceeds Invested In GICGrossProceedsInvestedInGICGross Proceeds InvestedGrossProceedsInvestedException To RebateExceptionToRebateTerm Of HedgeTermOfHedgeSuperintegrated HedgeSuperintegratedHedgeHedge TerminatedHedgeTerminatedBusiness Name Line1NameOfGICProvider/BusinessNameLine1Business Name Line2NameOfGICProvider/BusinessNameLine2Term Of GICTermOfGICRegulatory Safe Harbor SatisfiedRegulatorySafeHarborSatisfied
(no name)
000000
(no name)
010000
(no name)
000000
WELLS FARGO BANK
11111019.80000000000000ROYAL BANK OFCANADA2.5000000000001

Form990 Schedule K Part V Form990ScheduleKPartV

FieldValueIRS element (for citing)
IdentifierSCHEDULE K SUPPLENTAL INFORMATIONIdentifier
ExplanationPART I, LINE A, COL F: CURRENT REFUND OF BONDS ISSUED 5/6/97, 2/4/98, 4/16/98, & 12/11/03. PART I, LINE D, COL F: ADV REFUND OF BONDS ISSUED 5/6/97 & 10/5/99. PART II, LINE 3: INCLUDES INVESTMENT INCOME. PART II, LINE 11, COL A: REFUND OF REMAINING 1997, 1998, 1998-2, & 2003B BONDS. PART II, LINE 11, COL D: ADV REFUND OF PARTIAL 1997 AND 1999 BONDS. ALL ESCROWED PROCEEDS SPENT 5/1/09. PART II, LINE 16, COL B & C: BOND PROCEEDS SPENT BUT PROJECT NO COMPLETE. PART II, LINE 16, COL D: BASED UPON COMPLETED PROJECTS.Explanation

Schedule L IRS990ScheduleL

Form990 Schedule L Part III Form990ScheduleLPartIII

FieldValueIRS element (for citing)
Name Of Interested PersonNOT REQUIRED TO IDENTIFYNameOfInterestedPerson
Relationship With OrganizationNOT REQUIRED TO IDENTIFYRelationshipWithOrganization
Amount Of Grant4000AmountOfGrant
Type Of AssistanceGRANT-IN-AIDTypeOfAssistance

Form990 Schedule L Part IV Form990ScheduleLPartIV (6 entries)

RelationshipRelationshipAmount Of TransactionAmountOfTransactionDescription Of TransactionDescriptionOfTransactionSharing Of RevenuesSharingOfRevenues
PECO ENERGY COMPANY
TRUSTEE5262228ELECTRICITY0
PENNONI ASSOCIATES INC
TRUSTEE/INTERIM PRESIDENT157980ENGINEERING SERVICES0
GEOFFREY A OXHOLM
FAMILY MEMBER OF KEY EMPLOYEE27045COMPENSATION0
DR MIMI B SHELLER
FAMILY MEMBER OF TRUSTEE105599COMPENSATION0
VICTOR TRINGALI
FAMILY MEMBER OF TRUSTEE92733COMPENSATION0
WELLS FARGO
TRUSTEE548989FEES0

Schedule M IRS990ScheduleM

Works Of Art WorksOfArt

FieldValueIRS element (for citing)
Non Cash CheckboxXNonCashCheckbox
Number Of Contributions2NumberOfContributions
Noncash Contribs Rptd F990155745NoncashContribsRptdF990
Method Of Determining RevenuesFAIR MARKET VALUEMethodOfDeterminingRevenues

Securities Publicly Traded SecuritiesPubliclyTraded

FieldValueIRS element (for citing)
Non Cash CheckboxXNonCashCheckbox
Number Of Contributions34NumberOfContributions
Noncash Contribs Rptd F9902209215NoncashContribsRptdF990
Method Of Determining RevenuesFAIR MARKET VALUEMethodOfDeterminingRevenues

Other Non Cash Contributions Table OtherNonCashContributionsTable (3 entries)

Non Cash CheckboxNonCashCheckboxDescriptionDescriptionNumber Of ContributionsNumberOfContributionsNoncash Contribs Rptd F990NoncashContribsRptdF990Method Of Determining RevenuesMethodOfDeterminingRevenues
XEQUIPMENT1268750FAIR MARKET VALUE
XCOMPUTER SOFTWARE1492000FAIR MARKET VALUE
XEQUIPMENT11280627FAIR MARKET VALUE
FieldValueIRS element (for citing)
Number Of8283 Received5NumberOf8283Received
Any Property That Must Be Held0AnyPropertyThatMustBeHeld
Review Process Unusual NC Gifts1ReviewProcessUnusualNCGifts
Third Parties Used0ThirdPartiesUsed

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (8 entries)

Return ReferenceReturnReferenceExplanationExplanationIdentifierIdentifier
FORM 990, PART V, LINES 7G & 7H:NOT APPLICABLE
FORM 990 IS PREPARED BY THE TAX OFFICE AND SUBMITTED TO THE SENIOR VICE PRESIDENT FOR FINANCE/TREASURER/CHIEF FINANCIAL OFFICER FOR REVIEW AND SIGNING. PRIOR TO FILING, FORM 990 AND ALL REQUIRED SCHEDULES ULTIMATELY FILED WITH THE INTERNAL REVENUE SERVICE WERE AVAILABLE TO EACH MEMBER OF THE BOARD OF TRUSTEES FOR THEIR REVIEW AND COMMENT.FORM 990, PART VI, SECTION B, LINE 11
FORM 990, PART VI, SECTION B, LINE 12CDREXEL UNIVERSITY'S CONFLICT OF INTEREST POLICY APPLIES TO ALL EMPLOYEES (WHETHER A KEY EMPLOYEE OR NOT), OFFICERS, AND TRUSTEES OF THE UNIVERSITY. THE CONFLICT OF INTEREST POLICY IS INTENDED TO SATISFY COMPLIANCE REQUIREMENTS AND GUIDE UNIVERSITY PERSONNEL IN AVOIDING THOSE SITUATIONS THAT CAN RESULT IN A CONFLICT OF INTEREST OR COMMITMENT. THE KEY TO AVOIDING THOSE SITUATIONS THAT CAN RESULT IN A CONFLICT OF INTEREST OR COMMITMENT IS TO MAKE CONSTITUENTS AWARE OF WHAT CONSTITUTES A CONFLICT OF INTEREST AND FOR THEM TO DISCLOSE POTENTIAL SITUATIONS BEFORE THE ACTIVITY IS UNDERTAKEN. THE FORMAT FOR THE DISCLOSURE IS FOR EACH EMPLOYEE, OFFICER OR TRUSTEE TO COMPLETE A QUESTIONNAIRE ANNUALLY. THE COMPLETED QUESTIONNAIRE IS SUBMITTED TO THE HUMAN RESOURCES DEPARTMENT IN THE CASE OF EMPLOYEES AND REVIEWED BY THE OFFICE OF THE GENERAL COUNSEL. COMPLETED QUESTIONNAIRES FOR OFFICERS AND TRUSTEES ARE SUBMITTED DIRECTLY TO THE OFFICE OF THE GENERAL COUNSEL FOR REVIEW. AFTER REVIEW A DETERMINATION IS MADE AS TO WHETHER A CONFLICT OF INTEREST EXISTS AND AT WHAT LEVEL. THOSE CONFLICTS THAT ARE DETERMINED TO BE DETRIMENTAL TO THE UNIVERSITY ARE DISCUSSED WITH THE EMPLOYEE AND THE EMPLOYEE IS ENCOURAGED TO TERMINATE THE ACTIVITY. EMPLOYEES WHO WILLINGLY OR OTHERWISE CONTINUE TO VIOLATE THE CONFLICT OF INTEREST POLICY ARE SUBJECT TO DISCIPLINARY ACTION UP TO AND INCLUDING SUSPENSION WITHOUT PAY, DEMOTION OR TERMINATION OF EMPLOYMENT. IN THE CASE OF TRUSTEES, A CONFLICT OF INTEREST QUESTIONNAIRE IS MAILED ANNUALLY. TRUSTEES ARE REQUIRED TO COMPLETE THE QUESTIONNAIRE AND DISCLOSE ANY INTERESTS IN ANY CORPORATION, PARTNERSHIP OR OTHER ORGANIZATION IN WHICH THEY OWN OR CONTROL 5% OR MORE OF THE ENTITY. IT IS THE POLICY OF THE UNIVERSITY NOT TO CONTRACT WITH OR ENTER INTO A COMMERCIAL RELATIONSHIP WITH ANY TRUSTEE OR CORPORATION, PARTNERSHIP, PROPRIETORSHIP OR OTHER ORGANIZATION IN WHICH SUCH TRUSTEE HAS AN INTEREST AS AN OFFICER, DIRECTOR, PARTNER, EMPLOYEE, OWNER, OR CONTROLLING STOCKHOLDER.
FORM 990, PART VI, SECTION B, LINE 15DREXEL IS COMMITTED TO COMPENSATING ITS EXECUTIVE TEAM AT A FAIR AND COMPETITIVE LEVEL. TO MEET THIS GOAL, DREXEL UNIVERSITY'S HUMAN RESOURCES DEPARTMENT PREPARES AN EXECUTIVE COMPENSATION ANALYSIS ANNUALLY USING THE COLLEGE AND UNIVERSITY PROFESSIONAL ASSOCIATION OF HUMAN RESOURCES (CUPA) SURVEY AND IRS FORM 990 INFORMATION AS THEY RELATE TO THE UNIVERSITY'S PEER GROUPS. POSITIONS INCLUDED IN THE ANALYSIS WERE THE PRESIDENT, SECRETARY, TREASURER, SENIOR VICE PRESIDENTS, CHIEF INFORMATION OFFICER AND HIGHLY-COMPENSATED DEANS. USING THE EXECUTIVE COMPENSATION ANALYSIS, A THIRD-PARTY ADVISOR PREPARED A REPORT AND SUBMITTED THE REPORT TO THE EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES (THE "COMMITTEE") ALONG WITH CERTAIN PERFORMANCE CRITERIA. THE COMPENSATION ANALYSIS SERVED AS THE BASIS FOR THE PRESIDENT'S RECOMMENDATIONS FOR UNIVERSITY EXECUTIVES. THE THIRD-PARTY ADVISOR PROVIDED THE COMMITTEE WITH A LETTER ON THE APPROPRIATENESS OF THE DECISION-MAKING PROCESS AND REASONABLENESS OF THE PROPOSED COMPENSATION. ALL COMPENSATION WAS APPROVED BY THE EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES PRIOR TO BECOMING EFFECTIVE ON JANUARY 1, 2011. THE INTERIM PRESIDENT WAIVED HIS COMPENSATION FOR THE DURATION OF HIS TERM.
FORM 990, PART VI, SECTION C, LINE 19DREXEL UNIVERSITY MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC IN A VARIETY OF WAYS. THE CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE ON ITS WEBSITE, AND ITS GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.
FORM 990, PART VIITHOMAS J. ELZEY - 7/1/10-11/30/10 - 5036 CAMBURN ROAD, PLYMOUTH MEETING, PA 19462. CARL OXHOLM III, ESQ. - 330 BICKLEY ROAD, GLENSIDE, PA 19038. SELCUK GUCERI, PH.D. - 128 OAKMONT DRIVE, MOORESTOWN, NJ 08057.CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC
FORM 990, PART XI, LINE 5:NET UNREALIZED GAINS ON INVESTMENTS: 34,132,497. INVESTMENT IN SUBSIDIARY - API 26,475,000. TOTAL TO FORM 990, PART XI, LINE 5: 60,607,497.CHANGES IN NET ASSETS OR FUND BALANCES:
PART XI, LINE 2CTHE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES HAS RESPONSIBILITY FOR SELECTING THE INDEPENDENT ACCOUNTANT AND OVERSEEING THE AUDIT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.OVERSIGHT OF THE AUDIT

Schedule R IRS990ScheduleR

Form990 Schedule R Part II Form990ScheduleRPartII (3 entries)

Address Line1AddressUS/AddressLine1CityAddressUS/CityStateAddressUS/StateZIP CodeAddressUS/ZIPCodeEINEINPrimary ActivitiesPrimaryActivitiesLegal Domicile StateLegalDomicileStateExempt Code SectionExemptCodeSectionPublic Charity StatusPublicCharityStatusDirect Controlling Entity NADirectControllingEntityNAControlled OrgControlledOrgBusiness Name Line1DirectControllingEntityName/BusinessNameLine1
PHILADELPHIA HEALTH & EDUCATION CORP DBA DREXEL UNIV COLLEGE OF MEDICINE
245 N 15TH STPHILADELPHIAPA19102232979433EDUCATION, PATIENT CARE AND MEDICAL RESEARCHPASECTION 501(C)(3)LN 2 - SCHOOLN/A1
ACADEMIC ASSETS INC
3601 POWELTON AVE LLPHILADELPHIAPA19104232455915HOLDING COMPANYPASECTION 501(C)(3)LN 11C - TYPE III-FIN/A1
ACADEMIC PROPERTIES INC
3601 POWELTON AVE LLPHILADELPHIAPA19104232411680STUDENT HOUSINGPASECTION 501(C)(3)LN 11C - TYPE III-FI1ACADEMIC ASSETS INC

Form990 Schedule R Part IV Form990ScheduleRPartIV (3 entries)

Address Line1AddressUS/AddressLine1CityAddressUS/CityStateAddressUS/StateZIP CodeAddressUS/ZIPCodeEINEINPrimary ActivityPrimaryActivityLegal Domicile StateLegalDomicileStateDirect Controlling Entity NADirectControllingEntityNAType Of EntityTypeOfEntityPercentage OwnershipPercentageOwnershipBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Share Of Total IncomeShareOfTotalIncomeShare Of EOY AssetsShareOfEOYAssets
DREXEL E-LEARNING INC
3001 MARKET ST SUITE 300PHILADELPHIAPA19104233068200DISTANCE LEARNING AND ONLINE COURSESPAN/AC1.00000
JANUS HOUSING CORP
3601 POWELTON AVE LLPHILADELPHIAPA19104043721325INACTIVEPAC1.00000ACADEMIC PROPERTIES INC
SCHUYLKILL CROSSING LTD
76 ST PAUL ST SUITE 500BURLINGTONVT05401743090959LIABILITY INSURANCEVTC0.15000PHILADELPHIA HEALTH & EDUCATION CORP1759504900650
FieldValueIRS element (for citing)
Receipt Of Int Ann Rents Royalties1ReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other Org1GiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other Org0GiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other Org0LoansOrGuaranteesFromOtherOrg
Sale Of Assets To Other Org0SaleOfAssetsToOtherOrg
Purchase Of Assets From Other Org0PurchaseOfAssetsFromOtherOrg
Exchange Of Assets0ExchangeOfAssets
Rental Of Facilities To Other Orgs0RentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other Orgs1RentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other Orgs1PerformOfServicesForOtherOrgs
Perform Of Services By Other Orgs1PerformOfServicesByOtherOrgs
Sharing Of Facilities0SharingOfFacilities
Sharing Of Paid Employees0SharingOfPaidEmployees
Reimbursement Paid To Other Org1ReimbursementPaidToOtherOrg
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrg
Other Transfer To Other Org1OtherTransferToOtherOrg
Other Transfer From Other Org1OtherTransferFromOtherOrg

Transactions Related Orgs Table TransactionsRelatedOrgsTable (15 entries)

Transaction TypeTransactionTypeAmount InvolvedAmountInvolvedMethod Of Amt DeterminationMethodOfAmtDetermination
PHILADELPHIA HEALTH & EDUCATION CORP
J3077000BOOK AMOUNT
ACADEMIC PROPERTIES INC
J1990000BOOK AMOUNT
SCHUYLKILL CROSSING RECIPROCAL RISK RETENTION GROUP
O1076000BOOK AMOUNT
SCHUYLKILL CROSSING RECIPROCAL RISK RETENTION GROUP
R1142000BOOK AMOUNT
ACADEMIC PROPERTIES INC
A32000BOOK AMOUNT
PHILADELPHIA HEALTH & EDUCATION CORP
K12435000BOOK AMOUNT
PHILADELPHIA HEALTH & EDUCATION CORP
L3688000BOOK AMOUNT
ACADEMIC PROPERTIES INC
L142000BOOK AMOUNT
PHILADELPHIA HEALTH & EDUCATION CORP
O10228000BOOK AMOUNT
SCHUYLKILL CROSSING RECIPROCAL RISK RETENTION GROUP
B0BOOK AMOUNT
PHILADELPHIA HEALTH & EDUCATION CORP
R1612000BOOK AMOUNT
PHILADELPHIA HEALTH & EDUCATION CORP
Q55063000BOOK AMOUNT
DREXEL E-LEARNING INC
Q17915000BOOK AMOUNT
PHILADELPHIA HEALTH & EDUCATION CORP
B12435000BOOK AMOUNT
ACADEMIC PROPERTIES INC
R375000BOOK AMOUNT

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