UNIVERSITY OF RICHMOND: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- UNIVERSITY OF RICHMOND (EIN 54-0505965)
- Tax period
- 2010-07-01 to 2011-06-30
- Filed
- 2012-05-14
- IRS object ID
- 201241359349304439
- Schema version
- 2010v3.7
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-05-14T14:45:41-05:00 | Timestamp |
| Tax Period End Date | 2011-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PRICEWATERHOUSECOOPERS LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1301 K STREET NW SUITE 800W | AddressLine1 |
| City | WASHINGTON | City |
| State | DC | State |
| ZIP Code | 200053333 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 540505965 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UNIVERSITY OF RICHMOND | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | UNIV | NameControl |
| Phone | 8044841523 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 201 MARYLAND HALL | AddressLine1 |
| City | RICHMOND | City |
| State | VA | State |
| ZIP Code | 231730001 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | HOSSEIN SADID | Name |
| Title | VP OF BUSINESS & FINANCE/TREASURER | Title |
| Date Signed | 2012-05-14 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2024141000 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | EDWARD L AYERS | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 201 MARYLAND HALL | AddressLine1 |
| City | RICHMOND | City |
| State | VA | State |
| ZIP Code | 231730001 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 664774589 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.RICHMOND.EDU | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1840 | YearFormation |
| State Legal Domicile | VA | StateLegalDomicile |
| Activity Or Mission Description | TO OPERATE A UNIVERSITY FOR ACADEMIC, SCIENTIFIC, AND PROFESSIONAL EDUCATION AND LEARNING. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 19 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 15 | NbrIndependentVotingMembers |
| Total Nbr Employees | 4652 | TotalNbrEmployees |
| Total Nbr Volunteers | 2510 | TotalNbrVolunteers |
| Total Gross UBI | 6946893 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 4755009 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 17065883 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 31812963 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 158383231 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 173828420 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 60152602 | InvestmentIncomePriorYear |
| Investment Income Current Year | 137162043 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 8430023 | OtherRevenuePriorYear |
| Other Revenue Current Year | 23779329 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 244031739 | TotalRevenuePriorYear |
| Total Revenue Current Year | 366582755 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 62482729 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 68840011 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 120881298 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 129950304 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 206825 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 78812 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 9500177 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 71720170 | OtherExpensePriorYear |
| Other Expenses Current Year | 82331929 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 255291022 | TotalExpensesPriorYear |
| Total Expenses Current Year | 281201056 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -11259283 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 85381699 | RevenuesLessExpensesCY |
| Total Assets BOY | 2022200441 | TotalAssetsBOY |
| Total Assets EOY | 2287083887 | TotalAssetsEOY |
| Total Liabilities BOY | 263626937 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 259111789 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 1758573504 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 2027972098 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | THE MISSION OF THE UNIVERSITY OF RICHMOND IS TO SUSTAIN A COLLABORATIVE LEARNING AND RESEARCH COMMUNITY THAT SUPPORTS THE PERSONAL DEVELOPMENT OF ITS MEMBERS AND THE CREATION OF NEW KNOWLEDGE. A RICHMOND EDUCATION PREPARES STUDENTS TO LIVE LIVES OF PURPOSE, THOUGHTFUL INQUIRY, AND RESPONSIBLE LEADERSHIP IN A GLOBAL AND PLURALISTIC SOCIETY. THE RICHMOND PROMISE, THE UNIVERSITY'S STRATEGIC PLAN, ESTABLISHES HOW RICHMOND WILL PURSUE ITS MISSION FOR THE NEXT FIVE YEARS. THE LARGER PURPOSE IS TO OPERATE AS A MODEL INSTITUTION OF HIGHER EDUCATION, SUSTAINING A SUPERB FACULTY AND STAFF, AND ADMINISTERING THE INSTITUTION WITH THE HIGHEST STANDARDS OF INNOVATION AND PROFESSIONALISM. THE STRATEGIC PLAN AIMS TO FULFILL THE MISSION ESTABLISHED BY THE BOARD OF TRUSTEES: TO "SUSTAIN A COLLABORATIVE LEARNING AND RESEARCH COMMUNITY THAT SUPPORTS THE PERSONAL DEVELOPMENT OF ITS MEMBERS AND THE CREATION OF NEW KNOWLEDGE. A RICHMOND EDUCATION PREPARES STUDENTS TO LIVE LIVES OF PURPOSE, THOUGHTFUL INQUIRY | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 135224070 | Expense |
| Grants | 68840011 | Grants |
| Revenue | 158281833 | Revenue |
| Description | INSTRUCTION - SEE SCHEDULE O. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 35856221 | Expense |
| Grants | 0 | Grants |
| Revenue | 0 | Revenue |
| Description | ACADEMIC SUPPORT - SEE SCHEDULE O. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 39834665 | Expense |
| Grants | 0 | Grants |
| Revenue | 28802108 | Revenue |
| Description | AUXILIARY ENTERPRISES - SEE SCHEDULE O. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 29130182 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Grnt | 0 | TotalOfOtherProgramServiceGrnt |
| Total Of Other Program Service Rev | 0 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 240045138 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | true | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | true | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | true | ReportFin48Footnote |
| Independent Audit Financial Stmt | false | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | true | ConsolidatedAuditFinancialStmt |
| School | true | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | true | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | true | MoreThan5000KToIndividuals |
| Professional Fundraising | true | ProfessionalFundraising |
| Fundraising Activities | true | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | true | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | true | TaxExemptBonds |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBonds |
| Escrow Account | false | EscrowAccount |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | true | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | true | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | true | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | true | DeductibleNonCashContributions |
| Deductible Contributions Of Art | true | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | true | DisregardedEntity |
| Related Entity | true | RelatedEntity |
| Related Org Controlled Entity | true | RelatedOrgControlledEntity |
| Transaction Related Entity | true | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Info In Schedule O Part V | X | InfoInScheduleOPartV |
| Number Forms Transmitted With1096 | 6828 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | true | ComplianceWithBackupWitholding |
| Number Of Employees | 4652 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | true | UnrelatedBusinessIncome |
| Form990-T Filed | true | Form990-TFiled |
| Foreign Financial Account | true | ForeignFinancialAccount |
| Name Of Foreign Country | AS | NameOfForeignCountry |
| Name Of Foreign Country | BD | NameOfForeignCountry |
| Name Of Foreign Country | CA | NameOfForeignCountry |
| Name Of Foreign Country | CJ | NameOfForeignCountry |
| Name Of Foreign Country | GK | NameOfForeignCountry |
| Name Of Foreign Country | LU | NameOfForeignCountry |
| Name Of Foreign Country | UK | NameOfForeignCountry |
| Name Of Foreign Country | VQ | NameOfForeignCountry |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | true | QuidProQuoContributions |
| Quid Pro Quo Disclosure | true | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 19 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 15 | NumberIndependentVotingMembers |
| Family Or Business Relationship | true | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | false | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | false | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | true | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | LAURIE F MELVILLE | NamePerson |
| Telephone Number | 8044841523 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 201 MARYLAND HALL | AddressLine1 |
| City | RICHMOND | City |
| State | VA | State |
| ZIP Code | 231730001 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | X | InfoInScheduleOPartVII |
Form990 Part VII Section A Form990PartVIISectionA (36 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee | FormerFormer |
|---|---|---|---|---|---|---|---|---|---|
| R LEWIS BOGGS | |||||||||
| VICE-RECTOR | 7.0 | X | X | 0 | 0 | 0 | |||
| ALAN W BREED | |||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | ||||
| KEVIN M COX | |||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | ||||
| TIMOTHY W FINCHEM | |||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | ||||
| ROGER L GREGORY | |||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | ||||
| MELANIE L HEALEY | |||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | ||||
| SUSAN M HUMPHREVILLE | |||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | ||||
| RICHARD S JOHNSON | |||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | ||||
| ALLEN B KING | |||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | ||||
| CHARLES A LEDSINGER JR | |||||||||
| RECTOR | 7.0 | X | X | 0 | 0 | 0 | |||
| DANIEL J LUDEMAN | |||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | ||||
| JANICE R MOORE | |||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | ||||
| PAUL B QUEALLY | |||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | ||||
| PATRICIA L ROWLAND | |||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | ||||
| GUY A ROSS | |||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | ||||
| MICHAEL E SZYMANCZYK | |||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | ||||
| ROBERT S UKROP | |||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | ||||
| ALLISON P WEINSTEIN | |||||||||
| TRUSTEE | 2.0 | X | 0 | 0 | 0 | ||||
| EDWARD L AYERS | |||||||||
| PRESIDENT | 40.0 | X | X | 608479 | 0 | 230361 | |||
| HOSSEIN SADID | |||||||||
| VP BUSINESS & FINANCE/TREAS | 40.0 | X | 370350 | 0 | 39282 | ||||
| STEPHEN ALLRED | |||||||||
| PROVOST & VP ACAD AFFAIRS | 40.0 | X | 318564 | 0 | 49543 | ||||
| ANN LLOYD BREEDEN | |||||||||
| SECRETARY | 40.0 | X | 172749 | 0 | 29389 | ||||
| SRINIVAS PULAVARTI | |||||||||
| PRESIDENT, SMC | 40.0 | 944336 | 0 | 1557488 | X | ||||
| ANDREW NEWCOMB | |||||||||
| DEAN, ARTS & SCIENCES | 40.0 | 244001 | 0 | 37019 | X | ||||
| JOHN DOUGLASS | |||||||||
| DEAN, LAW | 40.0 | 303431 | 0 | 39256 | X | ||||
| KATHRYN MONDAY | |||||||||
| VP, INFO SERVICES | 40.0 | 198481 | 0 | 28997 | X | ||||
| STEPHEN BISESE | |||||||||
| VP, STUDENT DEVELOPMENT | 40.0 | 193333 | 0 | 35508 | X | ||||
| LORRAINE SCHUYLER | |||||||||
| CHIEF OF STAFF | 40.0 | 170437 | 0 | 25565 | X | ||||
| ANNE TESSIER | |||||||||
| VP ENROLLMENT MGMT | 40.0 | 190856 | 0 | 26462 | X | ||||
| CHRISTOPHER MOONEY | |||||||||
| BASKETBALL COACH | 40.0 | 626455 | 0 | 40405 | X | ||||
| THOMAS GUTENBERGER | |||||||||
| VP ADVANCEMENT | 40.0 | 395080 | 0 | 43888 | X | ||||
| ROBIN BLANDFORD | |||||||||
| DIRECTOR INVESTMENTS | 40.0 | 350946 | 0 | 1033364 | X | ||||
| ROBERT SANBORN | |||||||||
| ASSOC PROFESSOR | 40.0 | 298294 | 0 | 15886 | X | ||||
| PATRICK FISHE | |||||||||
| PROFESSOR | 40.0 | 283042 | 0 | 37283 | X | ||||
| WILLIAM COOPER | |||||||||
| PROFESSOR, FORMER PRESIDENT | 40.0 | 255536 | 0 | 57273 | X | ||||
| CAROLYN MARTIN | |||||||||
| FORMER EXEC ASSTNT TO PRESIDNT | 40.0 | 160461 | 0 | 28115 | X | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 6084831 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 3355084 | TotalOtherCompensation |
| Number Individuals GT100 K | 217 | NumberIndividualsGT100K |
| Formers Listed | true | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| FORTY TWO CONTRACTING | |||||
| 938 EAST 4TH ST | RICHMOND | VA | 23224 | EXCAVATION SERVICES | 896736 |
| DOMINION WATERPROOFING | |||||
| 3903 CAROLINA AVE | RICHMOND | VA | 23222 | WATERPROOFING & SEAL | 358140 |
| SPURRIER MEDIA GROUP | |||||
| 140 VIRGINIA ST STE 301 | RICHMOND | VA | 23219 | MRKTNG & MEDIA RLTNS | 331829 |
| BOND COMET WESTMORELAND HINER | |||||
| 1840 WEST BROAD ST STE 400 | RICHMOND | VA | 23220 | ARCHITECTURAL SVCS | 307093 |
| WORLD LEARNING | |||||
| PO BOX 676 1 KIPLING RD | BRATTLEBORO | VT | 05302 | DEVELOPMNT PROG SVCS | 215122 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 18 | NumberOfContractorsGT100K |
| Government Grants | 2944018 | GovernmentGrants |
| All Other Contributions | 28868945 | AllOtherContributions |
| Noncash Contributions | 2807894 | NoncashContributions |
| Total Contributions | 31812963 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| TUITION AND FEES | 611600 | 157854645 | 157854645 | |
| AUXILIARY ENTERPRISES | 900099 | 15452710 | 15010637 | 442073 |
| SUMMER CAMPS & CONFERENCES | 900099 | 521065 | 0 | 521065 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 173828420 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 102577411 | TotalRevenueColumn |
| Unrelated Business Revenue | -2002958 | UnrelatedBusinessRevenue |
| Exclusion | $104,580,369 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Exclusion | $0 | ExclusionAmount |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 57653 | TotalRevenueColumn |
| Related Or Exempt Function Income | 57653 | RelatedOrExemptFunctionIncome |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 2529856 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 0 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 2529856 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2529856 | TotalRevenueColumn |
| Exclusion | $2,529,856 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 325068112 | Securities |
| Other | 0 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 290415509 | Securities |
| Other | 67971 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 34652603 | Securities |
| Other | -67971 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 34584632 | TotalRevenueColumn |
| Exclusion | $34,584,632 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 27278 | GrossIncomeFundraisingEvents |
| Fundraising Direct Expenses | 20039 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 7239 | TotalRevenueColumn |
| Exclusion | $7,239 | ExclusionAmount |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Exclusion | $0 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | 20769603 | GrossSalesOfInventory |
| Cost Of Goods Sold | 7688315 | CostOfGoodsSold |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 13081288 | TotalRevenueColumn |
| Related Or Exempt Function Income | 12770680 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 310608 | UnrelatedBusinessRevenue |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Unrelated Business RevenueUnrelatedBusinessRevenue | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|---|
| INVESTMENT MANAGEMENT | 525990 | 7231462 | 7231462 | |
| OTHER MISCELLANEOUS INCOME | 900099 | 871831 | 444643 | 427188 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 8103293 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 366582755 | TotalRevenueColumn |
| Related Or Exempt Function Income | 186120803 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 6946893 | UnrelatedBusinessRevenue |
| Exclusion | $141,702,096 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 65505666 | Total |
| Program Services | 65505666 | ProgramServices |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3334345 | Total |
| Program Services | 3334345 | ProgramServices |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4042507 | Total |
| Program Services | 853747 | ProgramServices |
| Management And General | 3188760 | ManagementAndGeneral |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 504455 | Total |
| Program Services | 316139 | ProgramServices |
| Management And General | 188316 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 97398115 | Total |
| Program Services | 83432105 | ProgramServices |
| Management And General | 9062641 | ManagementAndGeneral |
| Fundraising | 4903369 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7467875 | Total |
| Program Services | 6453083 | ProgramServices |
| Management And General | 634468 | ManagementAndGeneral |
| Fundraising | 380324 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12851242 | Total |
| Program Services | 11395034 | ProgramServices |
| Management And General | 820805 | ManagementAndGeneral |
| Fundraising | 635403 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7686110 | Total |
| Program Services | 6399865 | ProgramServices |
| Management And General | 914669 | ManagementAndGeneral |
| Fundraising | 371576 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 157440 | Total |
| Management And General | 157440 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 241257 | Total |
| Management And General | 241257 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 78812 | Total |
| Fundraising | 78812 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9540050 | Total |
| Program Services | 7623195 | ProgramServices |
| Management And General | 1472332 | ManagementAndGeneral |
| Fundraising | 444523 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 848559 | Total |
| Program Services | 658922 | ProgramServices |
| Management And General | 84811 | ManagementAndGeneral |
| Fundraising | 104826 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 14007612 | Total |
| Program Services | 8467542 | ProgramServices |
| Management And General | 4485184 | ManagementAndGeneral |
| Fundraising | 1054886 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2144524 | Total |
| Program Services | 1916456 | ProgramServices |
| Management And General | 211263 | ManagementAndGeneral |
| Fundraising | 16805 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6854703 | Total |
| Program Services | 6854703 | ProgramServices |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5595892 | Total |
| Program Services | 4827497 | ProgramServices |
| Management And General | 450522 | ManagementAndGeneral |
| Fundraising | 317873 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5318302 | Total |
| Program Services | 4346473 | ProgramServices |
| Management And General | 971829 | ManagementAndGeneral |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 17543778 | Total |
| Program Services | 13735054 | ProgramServices |
| Management And General | 3808724 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1353643 | Total |
| Program Services | 746840 | ProgramServices |
| Management And General | 606803 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| TAXES | 2675901 | 92581 | 2583320 | |
| LIBRARY BOOKS AND MATERIALS | 4633913 | 4626484 | 4032 | 3397 |
| EQUPMNT RENTAL & MAINTENANCE | 2497623 | 1223262 | 1199536 | 74825 |
| ALL OTHER EXPENSES | 8918732 | 7236145 | 569029 | 1113558 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 281201056 | Total |
| Program Services | 240045138 | ProgramServices |
| Management And General | 31655741 | ManagementAndGeneral |
| Fundraising | 9500177 | Fundraising |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 113710625 | BOY |
| EOY | 114794778 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 20813719 | BOY |
| EOY | 14850423 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3401116 | BOY |
| EOY | 3259310 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 75590 | BOY |
| EOY | 67813 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3832785 | BOY |
| EOY | 3659355 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2065920 | BOY |
| EOY | 2200197 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8416223 | BOY |
| EOY | 7513752 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 557781876 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 276846939 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 272760693 | BOY |
| EOY | 280934937 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19615498 | BOY |
| EOY | 74877427 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1570759475 | BOY |
| EOY | 1778666741 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6748797 | BOY |
| EOY | 6259154 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2022200441 | BOY |
| EOY | 2287083887 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 33398830 | BOY |
| EOY | 29804589 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12223386 | BOY |
| EOY | 12704197 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 176600000 | BOY |
| EOY | 176877549 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 41404721 | BOY |
| EOY | 39725454 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 263626937 | BOY |
| EOY | 259111789 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 858979501 | BOY |
| EOY | 998359824 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 593281706 | BOY |
| EOY | 700005959 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 306312297 | BOY |
| EOY | 329606315 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1758573504 | BOY |
| EOY | 2027972098 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2022200441 | BOY |
| EOY | 2287083887 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 85381699 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 184016895 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | true | FederalGrantAuditRequired |
| Federal Grant Audit Performed | true | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School170b1 Aii | X | School170b1Aii |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amts | ArtPublicExhibitionAmts | |
| Held Works Of Art Amts | HeldWorksOfArtAmts | |
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Collect Used For Scholar Research | X | CollectUsedForScholarResearch |
| Collect Used For Preservation | X | CollectUsedForPreservation |
| Collect Used For Loan Or Exch Prgrms | X | CollectUsedForLoanOrExchPrgrms |
| Solicited Assets For Sale | false | SolicitedAssetsForSale |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 1631928742 | BeginningOfYearBalance |
| Contributions | 17549619 | Contributions |
| Investment Earnings Or Losses | 317202716 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 0 | GrantsOrScholarships |
| Other Expenditures | 77517809 | OtherExpenditures |
| Administrative Expenses | 1143979 | AdministrativeExpenses |
| End Of Year Balance | 1888019289 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 1393253972 | BeginningOfYearBalance |
| Contributions | 105146714 | Contributions |
| Investment Earnings Or Losses | 138996408 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 0 | GrantsOrScholarships |
| Other Expenditures | 5468352 | OtherExpenditures |
| Administrative Expenses | 0 | AdministrativeExpenses |
| End Of Year Balance | 1631928742 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 1707377490 | BeginningOfYearBalance |
| Contributions | 1382356 | Contributions |
| Investment Earnings Or Losses | -251435539 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 0 | GrantsOrScholarships |
| Other Expenditures | 64070335 | OtherExpenditures |
| Administrative Expenses | 0 | AdministrativeExpenses |
| End Of Year Balance | 1393253972 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.50000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.16000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.34000 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | true | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | true | EndowmentsHeldByRelatedOrgs |
| Are Related Orgs Listed Schedule R | true | AreRelatedOrgsListedScheduleR |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 20802345 | OtherCostOrOtherBasis |
| Book Value | 20802345 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 356789285 | OtherCostOrOtherBasis |
| Depreciation | 143467802 | Depreciation |
| Book Value | 213321483 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 25920229 | OtherCostOrOtherBasis |
| Depreciation | 15952647 | Depreciation |
| Book Value | 9967582 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 82901875 | OtherCostOrOtherBasis |
| Depreciation | 72228980 | Depreciation |
| Book Value | 10672895 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 71368142 | OtherCostOrOtherBasis |
| Depreciation | 45197510 | Depreciation |
| Book Value | 26170632 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 280934937 | TotalOfBookValueLandBuildings |
| Financial Derivatives | FinancialDerivatives | |
| Closely Held Equity Interests | CloselyHeldEquityInterests |
Other Securities OtherSecurities (5 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| INVESTMENTS- HEDGE FUNDS | 1158373297 | F |
| INVESTMENTS- PRIVATE EQUITY | 408024158 | F |
| INVESTMENTS- OTHER FUNDS | 203783109 | F |
| INVESTMENTS- OTHER INVESTMENTS | 6618013 | F |
| INVESTMENTS- COMMINGLED FUNDS | 1868164 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 1778666741 | TotalOfBookValueSecurities |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities (6 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| ACCRUED FEDERAL TAX LIABILITY | $1,644,281 |
| FUNDS HELD BY OTHERS | $247,077 |
| ANNUITIES PAYABLE | $6,397,268 |
| POST RETIREMENT BENEFITS | $11,543,022 |
| INTEREST RATE SWAP LIABILITY | $16,076,196 |
| US GOVERNMENT GRANTS REFUNDABLE | $3,817,610 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 39725454 | TotalOfAmounts |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (4 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| PART III, LINE 1A: | THE UNIVERSITY'S COLLECTIONS OF HISTORICALLY SIGNIFICANT ARTIFACTS, SCIENTIFIC SPECIMENS, AND ART OBJECTS ARE HELD FOR EDUCATION, RESEARCH, SCIENTIFIC INQUIRY, AND PUBLIC EXHIBITION. THEIR VALUE IS NOT REFLECTED IN THE UNIVERSITY'S CONSOLIDATED FINANCIAL STATEMENTS. | |
| PART III, LINE 4: | THE LIBRARY OWNS SEVERAL THOUSAND RARE BOOKS. THESE ARE USED FOR TEACHING, STUDY, AND RESEARCH. THEY ARE PRESERVED SO FUTURE GENERATIONS WILL BE ABLE TO USE THEM. THE LIBRARY OWNS THREE PORTRAITS OF FIGURES ASSOCIATED WITH THE UNIVERSITY'S HISTORY. IT ALSO OWNS TWO FACSIMILE SHEETS OF MEDIEVAL MUSIC. THE PORTRAITS AND SHEETS ARE ON DISPLAY. IN ADDITION, THE COLLECTIONS OF THE UNIVERSITY MUSEUMS INCLUDE FINE ART, ARTIFACTS, AND DECORATIVE ARTS, DATING FROM THE ANCIENT CULTURES IN GREECE AND CHINA TO CONTEMPORARY WORKS OF ART. THE COLLECTIONS SPAN ARTISTS OF LOCAL, NATIONAL, AND INTERNATIONAL ORIGIN. USING THE COLLECTIONS, THE UNIVERSITY MUSEUMS PROVIDE THE OPPORTUNITY FOR THE APPRECIATION, KNOWLEDGE, RESEARCH, AND SCHOLARSHIP OF ART, CULTURAL HISTORY, AND SCIENCE THROUGH ON-CAMPUS AND TRAVELING EXHIBITIONS AND SCHOLARLY PUBLICATIONS, AS WELL AS ACADEMIC AND PUBLIC EDUCATIONAL PROGRAMS. THESE PROGRAMS INCLUDE SPECIAL COURSES, LECTURES, GALLERY TALKS, ARTISTS' RESIDENCIES, WORKSHOPS,CONCERTS, SYMPOSIA AND OTHER EVENTS. THE UNIVERSITY MUSEUMS' EDUCATION AND RESEARCH ACTIVITIES COMPLEMENT AND SUPPORT THE EDUCATIONAL MISSION OF THE UNIVERSITY OF RICHMOND BY BEING INTEGRATED WITH THE UNIVERSITY'S ACADEMIC AND PROGRAMS AND UTILIZING STUDENT, FACULTY, AND STAFF INVOLVEMENT, INTERNSHIPS, RESEARCH FELLOWSHIPS, AND WORK/STUDY POSITIONS FOR STUDENTS ENHANCE THE MUSEUMS' OFFERINGS. | |
| PART V, LINE 4: | THE UNIVERSITY'S ENDOWMENT CONSISTS OF APPROXIMATELY 1,200 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES SUCH AS SCHOLARSHIPS AND CONTRIBUTIONS TO EDUCATIONAL AND GENERAL EXPENSES. THE SPENDING POLICY ALLOWS ENDOWMENT FUNDS TO MEET CURRENT OPERATING NEEDS OF THE UNIVERSITY BY PROVIDING YEAR-TO-YEAR BUDGET STABILITY AND PROTECTING THE FUTURE PURCHASING POWER OF THE ENDOWMENT ASSETS AGAINST THE IMPACT OF INFLATION. | |
| PART X, LINE 2: | THE UNIVERSITY OF RICHMOND HAS RECEIVED A LETTER FROM THE IRS DATED SEPTEMBER 1941, EXEMPTING THE UNIVERSITY OF RICHMOND FROM INCOME TAXES ON RELATED INCOME UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, THE UNIVERSITY OF RICHMOND IS A PUBLIC CHARITY UNDER SECTION 509(A)(1) OF THE INTERNAL REVENUE CODE. RICHMOND QUADRANGLE, LLC AND SMC ARE LIMITED LIABILITY CORPORATIONS, WHICH WILL ULTIMATELY PASS ALL OF THEIR INCOME THROUGH TO THE UNIVERSITY OF RICHMOND. RFMC IS A LIMITED LIABILITY CORPORATION AND THE RICHMOND FUND IS A LIMITED PARTNERSHIP. RFMC AND THE RICHMOND FUND DO NOT RECORD PROVISIONS FOR INCOME TAXES BECAUSE THE MEMBERS AND PARTNERS, RESPECTIVELY, REPORT THEIR SHARE OF THE ENTITIES' INCOME OR LOSS ON THEIR INCOME TAX RETURNS. TAX POSITIONS ARE RECOGNIZED OR DERECOGNIZED BASED ON A "MORE LIKELY THAN NOT" THRESHOLD. RECOGNIZED INCOME TAX POSITIONS ARE MEASURED AT THE LARGEST AMOUNT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED. CHANGES IN RECOGNITION OR MEASUREMENT ARE REFLECTED IN THE PERIOD IN WHICH A CHANGE IN JUDGMENT OCCURS. THIS APPLIES TO POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN. THE UNIVERSITY RECOGNIZES INTEREST ACCRUED RELATED TO UNRECOGNIZED TAX BENEFITS AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN ACCOUNTS PAYABLE AND ACCRUED LIABILITIES, IF ASSESSED. NO INTEREST EXPENSE OR PENALTIES HAVE BEEN RECOGNIZED AS OF AND FOR THE YEARS ENDED JUNE 30, 2011 AND 2010. FOR ALL OPEN TAX YEARS, THE UNIVERSITY HAS ANALYZED FILING POSITIONS IN ALL OF THE FEDERAL, STATE AND FOREIGN JURISDICTIONS WHERE IT IS REQUIRED TO FILE INCOME TAX RETURNS, INCLUDING THE UNIVERSITY'S STATUS AS A TAX EXEMPT ORGANIZATION. THE UNIVERSITY BELIEVES ITS INCOME TAX FILING POSITIONS WILL BE SUSTAINED ON AUDIT AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WILL RESULT IN A MATERIAL CHANGE TO ITS FINANCIAL POSITION. AS OF JUNE 30, 2011, THE TAX YEARS THAT REMAIN SUBJECT TO EXAMINATION BY THE MAJOR TAX JURISDICTIONS UNDER THE STATUTE OF LIMITATIONS IS FROM THE YEAR 2008 FORWARD. | UNCERTAIN TAX POSITION FOOTNOTE |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | true | NondiscriminatoryPolicyStmt |
| Policy Statement In Brochures Etc | true | PolicyStatementInBrochuresEtc |
| Policy Publ Via Broadcast Media | true | PolicyPublViaBroadcastMedia |
| Maint Racial Composition Records | true | MaintRacialCompositionRecords |
| Maint Scholarships Records | true | MaintScholarshipsRecords |
| Maint Copies Of Brochures Etc | true | MaintCopiesOfBrochuresEtc |
| Maint Copies Of All Solicitations | true | MaintCopiesOfAllSolicitations |
| Discriminate Race Students Rights | false | DiscriminateRaceStudentsRights |
| Discriminate Race Admiss Policies | false | DiscriminateRaceAdmissPolicies |
| Discriminate Race Emplmn Faculty | false | DiscriminateRaceEmplmnFaculty |
| Discriminate Race Scholarships | false | DiscriminateRaceScholarships |
| Discriminate Race Educ Policies | false | DiscriminateRaceEducPolicies |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFclts |
| Discriminate Race Athletic Prog | false | DiscriminateRaceAthleticProg |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActy |
| Government Financial Aid Received | true | GovernmentFinancialAidReceived |
| Government Financial Aid Revoked | false | GovernmentFinancialAidRevoked |
| Compliance With Rev Proc7550 | true | ComplianceWithRevProc7550 |
Form990 Schedule E Part II Form990ScheduleEPartII (2 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| PART I, LINE 3: | A POLICY OF NON-DISCRIMINATION IS CONTAINED IN ALL UNIVERSITY CATALOGS AND GENERAL SEARCH PUBLICATIONS WHICH ARE SENT TO HIGH SCHOOLS IN STATES WHERE STUDENTS ARE RECRUITED, AND IN ENROLLMENT APPLICATIONS. ON-LINE CATALOGS ALSO CONTAIN THE POLICY. |
| PART I, LINE 6A: | FEDERAL AND STATE FUNDS ARE USED TO FINANCE STUDENT AID PROGRAMS. A COMPLETE LIST OF AGENCIES AND AMOUNTS IS ON FILE. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | true | GrantRecordsMaintained |
Accts Actvs Out US Table AcctsActvsOutUSTable (17 entries)
| RegionRegion | Number Of OfficesNumberOfOffices | Number Of EmployeesNumberOfEmployees | Type Of Activities ConductedTypeOfActivitiesConducted | Specific Services ProvidedSpecificServicesProvided | Total ExpendituresTotalExpenditures |
|---|---|---|---|---|---|
| East Asia and the Pacific | 0 | 6 | Program Services | EDUCATION | 250495 |
| Europe (Including Iceland and Greenland) | 0 | 23 | Program Services | EDUCATION | 738555 |
| South America | 0 | 4 | Program Services | EDUCATION | 27453 |
| Sub-Saharan Africa | 0 | 1 | Program Services | EDUCATION | 6621 |
| Central America and the Caribbean | Investments | 978748000 | |||
| Europe (Including Iceland and Greenland) | Investments | 21151000 | |||
| North America | Investments | 38387000 | |||
| Sub-Saharan Africa | Investments | 16484000 | |||
| Central America and the Caribbean | Grantmaking | 53230 | |||
| East Asia and the Pacific | Grantmaking | 653110 | |||
| Europe (Including Iceland and Greenland) | Grantmaking | 2074384 | |||
| Middle East and North Africa | Grantmaking | 11100 | |||
| North America | Grantmaking | 25311 | |||
| Russia and the Newly Independent States | Grantmaking | 23050 | |||
| South America | Grantmaking | 266373 | |||
| South Asia | Grantmaking | 123002 | |||
| Sub-Saharan Africa | Grantmaking | 104785 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Number Of Offices | 0 | SubtotalNumberOfOffices |
| Subtotal Number Of Employees | 34 | SubtotalNumberOfEmployees |
| Total Number Of Offices | 0 | TotalNumberOfOffices |
| Total Number Of Employees | 34 | TotalNumberOfEmployees |
| Subtotal Amount Spent | 1059127469 | SubtotalAmountSpent |
| Total Amount Spent | 1059127469 | TotalAmountSpent |
Grants To Ind Outside US GrantsToIndOutsideUS (9 entries)
| Type Of AssistanceTypeOfAssistance | RegionRegion | Number Of RecipientsNumberOfRecipients | Amount Of Cash GrantAmountOfCashGrant | Manner Of Cash DisbursementMannerOfCashDisbursement | Amount Of Non Cash AssistanceAmountOfNonCashAssistance | Description Of Non Cash AssistanceDescriptionOfNonCashAssistance | Method Of ValuationMethodOfValuation |
|---|---|---|---|---|---|---|---|
| STUDY ABROAD SCHOLARSHIPS | Cent. America/Caribbean | 6 | 53230 | STUDENT ACCT | 0 | N/A | N/A |
| STUDY ABROAD SCHOLARSHIPS | East Asia/Pacific | 48 | 653110 | STUDENT ACCT | 0 | N/A | N/A |
| STUDY ABROAD SCHOLARSHIPS | Europe/Iceland/Greenland | 210 | 2074384 | STUDENT ACCT | 0 | N/A | N/A |
| STUDY ABROAD SCHOLARSHIPS | Middle East/North Africa | 3 | 11100 | STUDENT ACCT | 0 | N/A | N/A |
| STUDY ABROAD SCHOLARSHIPS | North America | 2 | 25311 | STUDENT ACCT | 0 | N/A | N/A |
| STUDY ABROAD SCHOLARSHIPS | Russia | 1 | 23050 | STUDENT ACCT | 0 | N/A | N/A |
| STUDY ABROAD SCHOLARSHIPS | South America | 20 | 266373 | STUDENT ACCT | 0 | N/A | N/A |
| STUDY ABROAD SCHOLARSHIPS | South Asia | 7 | 123002 | STUDENT ACCT | 0 | N/A | N/A |
| STUDY ABROAD SCHOLARSHIPS | Sub-Saharan Africa | 12 | 104785 | STUDENT ACCT | 0 | N/A | N/A |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfer To Foreign Corp | true | TransferToForeignCorp |
| Interest In Foreign Trust | false | InterestInForeignTrust |
| Own Foreign Corp | true | OwnForeignCorp |
| Passive Foreign Invest Co | true | PassiveForeignInvestCo |
| Foreign Partnership | true | ForeignPartnership |
| Boycott Countries | false | BoycottCountries |
Form990 Schedule F Part V Form990ScheduleFPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PART I, LINE 2: | Identifier |
| Explanation | GRANTS AWARDED TO INDIVIDUALS OUTSIDE THE UNITED STATES BY THE UNIVERSITY OF RICHMOND CONSIST OF FINANCIAL AID IN THE FORM OF SCHOLARSHIPS AND GRANTS TO STUDENTS STUDYING ABROAD. STUDENTS RECEIVING THESE GRANTS ARE DETERMINED TO BE WORTHY ON THE BASIS OF THE UNIVERSITY'S ASSESSMENT OF ACADEMIC ACHIEVEMENT, FINANCIAL NEED AND OTHER SIMILAR CRITERIA. THE OFFICE OF FINANCIAL AID MONITORS STUDENTS' ELIGIBILITY FOR THESE FUNDS IN ACCORDANCE WITH INSTITUTIONAL POLICIES AND STANDARDS. | Explanation |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | X | MailSolicitations |
| Email Solicitations | X | EmailSolicitations |
| Phone Solicitations | X | PhoneSolicitations |
| In Person Solicitations | X | InPersonSolicitations |
| Solicitation Of Non Govt Grants | X | SolicitationOfNonGovtGrants |
| Solicitation Of Govt Grants | X | SolicitationOfGovtGrants |
| Special Fundraising Events | X | SpecialFundraisingEvents |
| Agreement Ref Fundraising | true | AgreementRefFundraising |
Fundraiser Activity Information FundraiserActivityInformation (3 entries)
| Name Of IndividualNameOfIndividual | ActivityActivity | Fundraiser Control Of FundsFundraiserControlOfFunds | Gross ReceiptsGrossReceipts | Amount Retained By ContractorAmountRetainedByContractor | Net To OrganizationNetToOrganization |
|---|---|---|---|---|---|
| WASHBURN MCGOLDRICK | FUNDRAISING CONSULTING | false | 0 | 34822 | -34822 |
| D CHRIS WITHERS | FUNDRAISING CONSULTING | false | 0 | 28990 | -28990 |
| PENTERA INC | FUNDRAISING CONSULTING | false | 0 | 15000 | -15000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | 0 | TotalGrossReceipts |
| Total Retained By Contractors | 78812 | TotalRetainedByContractors |
| Total Net To Organization | -78812 | TotalNetToOrganization |
| Licensed States | AL | LicensedStates |
| Licensed States | AZ | LicensedStates |
| Licensed States | CA | LicensedStates |
| Licensed States | CT | LicensedStates |
| Licensed States | DE | LicensedStates |
| Licensed States | FL | LicensedStates |
| Licensed States | GA | LicensedStates |
| Licensed States | HI | LicensedStates |
| Licensed States | ID | LicensedStates |
| Licensed States | IL | LicensedStates |
| Licensed States | IN | LicensedStates |
| Licensed States | IA | LicensedStates |
| Licensed States | KS | LicensedStates |
| Licensed States | KY | LicensedStates |
| Licensed States | LA | LicensedStates |
| Licensed States | ME | LicensedStates |
| Licensed States | MD | LicensedStates |
| Licensed States | MI | LicensedStates |
| Licensed States | MN | LicensedStates |
| Licensed States | MS | LicensedStates |
| Licensed States | MO | LicensedStates |
| Licensed States | MT | LicensedStates |
| Licensed States | NE | LicensedStates |
| Licensed States | NV | LicensedStates |
| Licensed States | NJ | LicensedStates |
| Licensed States | NM | LicensedStates |
| Licensed States | NY | LicensedStates |
| Licensed States | NC | LicensedStates |
| Licensed States | ND | LicensedStates |
| Licensed States | OH | LicensedStates |
| Licensed States | OK | LicensedStates |
| Licensed States | PA | LicensedStates |
| Licensed States | RI | LicensedStates |
| Licensed States | SC | LicensedStates |
| Licensed States | SD | LicensedStates |
| Licensed States | TN | LicensedStates |
| Licensed States | TX | LicensedStates |
| Licensed States | UT | LicensedStates |
| Licensed States | VT | LicensedStates |
| Licensed States | VA | LicensedStates |
| Licensed States | WV | LicensedStates |
| Licensed States | WI | LicensedStates |
| Licensed States | WY | LicensedStates |
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | BOONE GLF OUTNG | NameOfEvent1 |
| Gross Receipts Event1 | 7355 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 0 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 7355 | GrossRevenueEvent1 |
| Non Cash Prizes Event1 | 241 | NonCashPrizesEvent1 |
| Rent Facility Costs Event1 | 4443 | RentFacilityCostsEvent1 |
| Entertainment Event1 | 164 | EntertainmentEvent1 |
| Other Direct Expenses Event1 | 697 | OtherDirectExpensesEvent1 |
| Name Of Event2 | GOLF TOURNAMNT | NameOfEvent2 |
| Gross Receipts Event2 | 19923 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 0 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 19923 | GrossRevenueEvent2 |
| Non Cash Prizes Event2 | 147 | NonCashPrizesEvent2 |
| Rent Facility Costs Event2 | 6944 | RentFacilityCostsEvent2 |
| Entertainment Event2 | 7278 | EntertainmentEvent2 |
| Other Direct Expenses Event2 | 125 | OtherDirectExpensesEvent2 |
| Total Number Of Other Events | 0 | TotalNumberOfOtherEvents |
| Gross Receipts Total | 27278 | GrossReceiptsTotal |
| Charitable Contributions Total | 0 | CharitableContributionsTotal |
| Gross Revenue Total Events | 27278 | GrossRevenueTotalEvents |
| Non Cash Prizes Total Events | 388 | NonCashPrizesTotalEvents |
| Rent Facility Costs Total Events | 11387 | RentFacilityCostsTotalEvents |
| Entertainment Total Events | 7442 | EntertainmentTotalEvents |
| Other Direct Expenses Total Events | 822 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 20039 | DirectExpenseSummaryEvents |
| Net Income Summary | 7239 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | true | RecordsMaintained |
Form990 Schedule I Part III Form990ScheduleIPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Grant | STUDENT GRANTS & SCHOLARSHIPS | TypeOfGrant |
| Number Of Recipients | 2611 | NumberOfRecipients |
| Amount Of Cash Grant | 65505666 | AmountOfCashGrant |
| Amount Of Non Cash Assistance | 0 | AmountOfNonCashAssistance |
| Method Of Valuation | N/A | MethodOfValuation |
| Description Of Non Cash Assistance | N/A | DescriptionOfNonCashAssistance |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PART I, LINE 2: | Identifier |
| Explanation | GRANTS AWARDED TO INDIVIDUALS BY THE UNIVERSITY OF RICHMOND CONSIST OF STUDENT FINANCIAL AID IN THE FORM OF SCHOLARSHIPS AND GRANTS. STUDENTS RECEIVING THESE GRANTS ARE DETERMINED TO BE WORTHY ON THE BASIS OF THE UNIVERSITY'S ASSESSMENT OF ACADEMIC ACHIEVEMENT, FINANCIAL NEED AND OTHER SIMILAR CRITERIA. THE OFFICE OF FINANCIAL AID MONITORS STUDENTS' ELIGIBILITY FOR THESE FUNDS IN ACCORDANCE WITH INSTITUTIONAL POLICIES AND STANDARDS. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | X | FirstClassOrCharterTravel |
| Idemnification Gross Up Payments | X | IdemnificationGrossUpPayments |
| Housing Allowance Or Residence | X | HousingAllowanceOrResidence |
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | false | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Written Employment Contract | X | WrittenEmploymentContract |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | true | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | true | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | true | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | true | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (18 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EDWARD L AYERS | |||||||||||||
| 496021 | 0 | 0 | 0 | 112458 | 0 | 91000 | 0 | 139361 | 0 | 838840 | 0 | 0 | 0 |
| HOSSEIN SADID | |||||||||||||
| 359805 | 0 | 0 | 0 | 10545 | 0 | 24950 | 0 | 14332 | 0 | 409632 | 0 | 0 | 0 |
| STEPHEN ALLRED | |||||||||||||
| 310979 | 0 | 0 | 0 | 7585 | 0 | 31827 | 0 | 17716 | 0 | 368107 | 0 | 0 | 0 |
| ANN LLOYD BREEDEN | |||||||||||||
| 168258 | 0 | 0 | 0 | 4491 | 0 | 17317 | 0 | 12072 | 0 | 202138 | 0 | 0 | 0 |
| SRINIVAS PULAVARTI | |||||||||||||
| 446229 | 0 | 472941 | 0 | 25166 | 0 | 41000 | 1498200 | 18288 | 0 | 1003624 | 1498200 | 0 | 0 |
| ANDREW NEWCOMB | |||||||||||||
| 243311 | 0 | 0 | 0 | 690 | 0 | 24926 | 0 | 12093 | 0 | 281020 | 0 | 0 | 0 |
| JOHN DOUGLASS | |||||||||||||
| 296178 | 0 | 0 | 0 | 7253 | 0 | 29827 | 0 | 9429 | 0 | 342687 | 0 | 0 | 0 |
| KATHRYN MONDAY | |||||||||||||
| 198096 | 0 | 0 | 0 | 385 | 0 | 20007 | 0 | 8990 | 0 | 227478 | 0 | 0 | 0 |
| STEPHEN BISESE | |||||||||||||
| 193243 | 0 | 0 | 0 | 90 | 0 | 20007 | 0 | 15501 | 0 | 228841 | 0 | 0 | 0 |
| LORRAINE SCHUYLER | |||||||||||||
| 169883 | 0 | 0 | 0 | 554 | 0 | 17650 | 0 | 7915 | 0 | 196002 | 0 | 0 | 0 |
| ANNE TESSIER | |||||||||||||
| 190722 | 0 | 0 | 0 | 134 | 0 | 19278 | 0 | 7184 | 0 | 217318 | 0 | 0 | 0 |
| WILLIAM COOPER | |||||||||||||
| 255278 | 0 | 0 | 0 | 258 | 0 | 24500 | 0 | 32773 | 0 | 312809 | 0 | 0 | 0 |
| CAROLYN MARTIN | |||||||||||||
| 160065 | 0 | 0 | 0 | 396 | 0 | 16462 | 0 | 11653 | 0 | 188576 | 0 | 0 | 0 |
| CHRISTOPHER MOONEY | |||||||||||||
| 557471 | 0 | 35000 | 0 | 33984 | 0 | 24500 | 0 | 15905 | 0 | 666860 | 0 | 0 | 0 |
| THOMAS GUTENBERGER | |||||||||||||
| 275011 | 0 | 0 | 0 | 120069 | 0 | 28193 | 0 | 15695 | 0 | 438968 | 0 | 0 | 0 |
| ROBIN BLANDFORD | |||||||||||||
| 232316 | 0 | 118480 | 0 | 150 | 0 | 23696 | 998800 | 10868 | 0 | 385510 | 998800 | 0 | 0 |
| ROBERT SANBORN | |||||||||||||
| 74043 | 0 | 0 | 0 | 224251 | 0 | 7777 | 0 | 8109 | 0 | 314180 | 0 | 0 | 0 |
| PATRICK FISHE | |||||||||||||
| 252894 | 0 | 0 | 0 | 30148 | 0 | 24500 | 0 | 12783 | 0 | 320325 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (6 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| PART I, LINE 1A: | FIRST-CLASS OR CHARTER TRAVEL - THE FOOTBALL AND MEN'S BASKETBALL COACHES OCCASIONALLY TRAVEL WITH THEIR TEAMS BY MEANS OF CHARTER TRAVEL FOR SCHEDULED COMPETITIONS. THE VALUE IS NOT TREATED AS TAXABLE COMPENSATION. HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE - THE PRESIDENT IS REQUIRED TO LIVE ON CAMPUS IN A UNIVERSITY-PROVIDED HOME AS A CONDITION OF EMPLOYMENT. THE VALUE OF THIS LODGING IS NOT REPORTED AS TAXABLE COMPENSATION. TO ASSIST THE VICE-PRESIDENT FOR ADVANCEMENT IN PERFORMING HIS JOB RESPONSIBILITIES, HE HAS BEEN PROVIDED WITH THE USE OF A UNIVERSITY-OWNED HOME. THE VALUE OF THE PRIVATE AREAS OF THE HOME IS REPORTED AS TAXABLE COMPENSATION. THE VALUE OF THE PUBLIC AREAS, WHICH ARE USED FOR UNIVERSITY-RELATED EVENTS, IS NOT TREATED AS TAXABLE COMPENSATION. TAX INDEMNIFICATION AND GROSS-UP PAYMENTS - IN ACCORDANCE WITH HIS EMPLOYMENT AGREEMENT, THE VICE-PRESIDENT FOR ADVANCEMENT RECEIVES A TAX GROSS-UP PAYMENT RELATED TO THE VALUE OF THE PRIVATE AREAS OF THE UNIVERSITY-PROVIDED HOME, WHICH IS REPORTED AS TAXABLE COMPENSATION. HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES - CLUB MEMBERSHIP DUES ARE PAID ON BEHALF OF THREE EMPLOYEES WHERE THE MEMBERSHIPS ARE AN IMPORTANT FACTOR IN THE PERFORMANCE OF THE EMPLOYEES' JOB RESONSIBILITIES. THE VALUE OF THE MEMBERSHIP DUES IS NOT INCLUDED IN TAXABLE COMPENSATION; HOWEVER, ANY PERSONAL USE OF CLUB FACILITIES IS REPORTED AS TAXABLE COMPENSATION. |
| PART I, LINE 1B: | THE PROVISION OF NON-STANDARD BENEFITS IS DETERMINED BY THE PRESIDENT, FOR SENIOR LEADERS AND KEY EMPLOYEES, AND THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES, FOR THE PRESIDENT. FACTORS CONSIDERED ARE WHETHER THE BENEFIT UNDER CONSIDERATION IS COMMONLY PROVIDED TO INDIVIDUALS IN SIMILAR POSITIONS AT SIMILAR ORGANIZATIONS; WHETHER THE BENEFIT IS NECESSARY FOR THE INDIVIDUAL TO SUCCESSFULLY FULFILL HIR OR HER JOB RESPONSIBILITIES; AND WHETHER, IN THE CONTEXT OF THE INDIVIDUAL'S OVERALL COMPENSATION, THE PROVISION OF THE NON-STANDARD BENEFIT IS REASONABLE. |
| PART I, LINE 4B: | EDWARD AYERS - DEFERRED $50,000 IN A SECTION 457(F) PLAN |
| PART I, LINE 4C: | SRINIVAS PULAVARTI AND ROBIN BLANDFORD ARE MEMBERS OF A LIMITED LIABILITY COMPANY THROUGH WHICH THEY ACCRUE AN INTEREST IN THE NET CAPITAL PROFITS BASED ON A CONTRACTUALLY DEFINED VESTING SCHEDULE. MR. PULAVARTI'S EQUITY INTEREST ACCRUED DURING CALENDAR 2010 TOTALED $1,498,200; THE CUMULATIVE DEFERRED AMOUNT TOTALED $2,484,000. MR. BLANDFORD'S EQUITY INTEREST ACCRUED DURING CALENDAR 2010 TOTALED $998,800; THE CUMULATIVE DEFERRED AMOUNT TOTALED $1,656,000. |
| PART I, LINE 6B: | SRINIVAS PULAVARTI AND ROBIN BLANDFORD ARE MEMBERS OF A LIMITED LIABILITY COMPANY THROUGH WHICH THEY RECEIVE DISTRIBUTIONS OF NET INCOME BASED ON THEIR MEMBERSHIP PERCENTAGE. FOR CALENDAR YEAR 2010, MR. PULAVARTI RECEIVED $755,258 IN EQUITY DISTRIBUTIONS, AND MR. BLANDFORD RECEIVED $587,424. |
| PART I, LINE 7: | CHRISTOPHER MOONEY RECEIVED A BONUS IN THE AMOUNT OF $35,000 AS A RESULT OF THE TEAM'S PERFORMANCE IN THE MEN'S NCAA BASKETBALL TOURNAMENT. |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (4 entries)
| Issuer EINIssuerEIN | CUSIP NumberCUSIPNumber | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer | Pool FinancingPoolFinancing |
|---|---|---|---|---|---|---|---|
| VIRGINIA COLLEGE BUILDING AUTHORITY | |||||||
| 541249154 | 927781YF5 | 2011-02-28 | 45587682 | REFUND PRIOR ISSUE | false | false | false |
| VIRGINIA COLLEGE BUILDING AUTHORITY | |||||||
| 541249154 | 9277803U8 | 2004-08-05 | 15069000 | REFUND PRIOR ISSUE | false | false | false |
| VIRGINIA COLLEGE BUILDING AUTHORITY | |||||||
| 541249154 | 9277803U8 | 2004-08-05 | 30931000 | CONSTRUCT SCIENCE BUILDING & FORUM | false | false | false |
| VIRGINIA COLLEGE BUILDING AUTHORITY | |||||||
| 541249154 | 927781CR3 | 2006-11-08 | 38070000 | REFUND PRIOR ISSUE | false | false | false |
Form990 Schedule K Part II Form990ScheduleKPartII (4 entries)
| Amount RetiredAmountRetired | Amount Bond DefeasedAmountBondDefeased | Total ProceedsTotalProceeds | Amount In Reserve FundAmountInReserveFund | Capitalized InterestCapitalizedInterest | Refunding EscrowRefundingEscrow | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Credit EnhancementCreditEnhancement | Working Capital ExpendituresWorkingCapitalExpenditures | Capital ExpendituresCapitalExpenditures | Other Spent ProceedsOtherSpentProceeds | Amount UnspentAmountUnspent | Year Of Subst CompletionYearOfSubstCompletion | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | 45587682 | 0 | 0 | 0 | 502682 | 0 | 0 | 0 | 45085000 | 0 | 2011 | true | false | true | true |
| 0 | 0 | 15069000 | 0 | 0 | 0 | 69000 | 0 | 0 | 0 | 15000000 | 0 | 1996 | true | false | true | true |
| 0 | 0 | 31070375 | 0 | 0 | 0 | 141136 | 0 | 0 | 30929076 | 0 | 0 | 2006 | false | false | true | true |
| 0 | 0 | 38070000 | 0 | 0 | 0 | 140000 | 30000 | 0 | 0 | 37900000 | 0 | 1997 | true | false | true | true |
Form990 Schedule K Part III Form990ScheduleKPartIII (3 entries)
| Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Any Research AgreementsAnyResearchAgreements | Bond Counsel Routinely EngagedBondCounselRoutinelyEngaged | Prcntge Prvt Business Use By OthersPrcntgePrvtBusinessUseByOthers | Percentage Of Prvt Business Re UBIPercentageOfPrvtBusinessReUBI | Total Private Business UseTotalPrivateBusinessUse | Post Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs |
|---|---|---|---|---|---|---|---|---|
| false | false | false | true | true | 0.00000 | 0.00000 | 0.00000 | true |
| false | false | false | true | true | 0.00000 | 0.00660 | 0.00660 | true |
| false | false | false | true | true | 0.00000 | 0.00430 | 0.00430 | true |
Form990 Schedule K Part IV Form990ScheduleKPartIV (4 entries)
| Form8038 T FiledForm8038TFiled | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Gross Proceeds InvestedGrossProceedsInvested | Exception To RebateExceptionToRebate |
|---|---|---|---|---|---|
| false | false | false | false | false | true |
| false | true | false | false | false | true |
| false | true | false | false | false | true |
| false | true | false | false | false | true |
Form990 Schedule K Part V Form990ScheduleKPartV (2 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| BOND A, CUSIP #9277803U8 (CONSTRUCTION OF SCIENCE BUILDING & FORUM): | THE AMOUNT REPORTED IN PART II, LINE 3 INCLUDES $139,375 OF INVESTMENT INCOME RECEIVED ON THE UNEXPENDED PROCEEDS. |
| BOND A, CUSIP# 927781CR3 (CONSTRUCTION OF DORM & BOILER PLANT): | THE AMOUNT REPORTED IN PART II, LINE 3 INCLUDES $617,484 OF INVESTMENT INCOME RECEIVED ON THE UNEXPENDED PROCEEDS. |
Schedule L IRS990ScheduleL
Loan Table LoanTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | KATHRYN MONDAY | NamePerson |
| Purpose Of Loan | MORTGAGE LOAN | PurposeOfLoan |
| Loan From Organization | X | LoanFromOrganization |
| Original Principal | $120,000 | OriginalPrincipalAmount |
| Balance Due | 67813 | BalanceDue |
| Default | false | Default |
| Approved By Board | false | ApprovedByBoard |
| Written Agreement | true | WrittenAgreement |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | 67813 | TotalBalanceDue |
Form990 Schedule L Part IV Form990ScheduleLPartIV (5 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| NATHANIEL B AYERS | |||
| FAM MEMBER OF OFF/TRUSTEE | 37112 | COMPENSATION PAID AS EMPLOYEE | false |
| LINDSEY LOWE | |||
| FAM MEMBER OF TRUSTEE | 30322 | COMPENSATION PAID AS EMPLOYEE | false |
| WILTON COMPANIES | |||
| UR TRUSTEE IS OFFICER | 151735 | LEASE OF OFFICE SPACE BY UNIV | false |
| ALTRIA GROUP | |||
| UR TRUSTEE IS PRES/CEO | 3083671 | LEASE OFFCE SPACE, PURCH EQUP | false |
| PROPERTY INVESTMENT ADVISORS INC | |||
| UR OFCR/TRSTE IS 35% OWNR | 1741031 | INV MGMT SVCS TO A RELATED ORG | false |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 9 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 0 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | SEE PART II | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Historical Treasures | ArtHistoricalTreasures | |
| Art Fractional Interest | ArtFractionalInterest | |
| Books And Publications | BooksAndPublications | |
| Clothing And Household Goods | ClothingAndHouseholdGoods | |
| Cars And Other Vehicles | CarsAndOtherVehicles | |
| Boats And Planes | BoatsAndPlanes | |
| Intellectual Property | IntellectualProperty |
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 112 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 1362494 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | MARKET QUOTATION | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities Closely Held Stock | SecuritiesCloselyHeldStock | |
| Securities Prtnrshp Trust Intrsts | SecuritiesPrtnrshpTrustIntrsts | |
| Securities Miscellaneous | SecuritiesMiscellaneous | |
| Qualified Contrib Hist Struct | QualifiedContribHistStruct | |
| Qualified Contrib Other | QualifiedContribOther | |
| Real Estate Residential | RealEstateResidential | |
| Real Estate Commercial | RealEstateCommercial |
Real Estate Other RealEstateOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 4 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 1445400 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | DONOR ASSESSED VALUE | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collectibles | Collectibles | |
| Food Inventory | FoodInventory | |
| Drugs And Medical Supplies | DrugsAndMedicalSupplies | |
| Taxidermy | Taxidermy | |
| Historical Artifacts | HistoricalArtifacts | |
| Scientific Specimens | ScientificSpecimens | |
| Archaeological Artifacts | ArchaeologicalArtifacts | |
| Number Of8283 Received | 1 | NumberOf8283Received |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | true | ReviewProcessUnusualNCGifts |
| Third Parties Used | false | ThirdPartiesUsed |
Form990 Schedule M Part II Form990ScheduleMPartII (2 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| PART I, COLUMN (B): | THE AMOUNTS SHOWN IN PART I, COLUMN (B) FOR "NUMBER OF CONTRIBUTIONS" REPRESENTS THE TOTAL NUMBER OF ITEMS CONTRIBUTED AND NOT NECESSARILY THE TOTAL NUMBER OF CONTRIBUTIONS CONTRIBUTED. |
| PART I, LINE 33: | DONATED ARTWORK IS HELD FOR PURPOSES OF EDUCATION, RESEARCH, SCIENTIFIC INQUIRY AND PUBLIC EXHIBITION. AS PERMITTED UNDER SFAS 116 AND DISCLOSED IN ITS FINANCIAL STATEMENTS, THE UNIVERSITY HAS ELECTED NOT TO REPORT THE VALUE OF THESE ITEMS AS REVENUE IN ITS STATEMENT OF ACTIVITIES. |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| PART III, PROGRAM SERVICE ACCOMPLISHMENTS: | PART III, LINE 4A - INSTRUCTION - THE UNIVERSITY OF RICHMOND ENDEAVORS TO OFFER ITS STUDENTS THE HIGHEST QUALITY EDUCATION POSSIBLE, MAKING AVAILABLE TOP-OF-THE-LINE RESOURCES AND FACILITIES. BY MAINTAINING AN 8:1 FACULTY TO STUDENT RATIO, EACH STUDENT HAS THE OPPORTUNITY TO ENJOY A PERSONAL AND UNIQUE LEARNING EXPERIENCE. THE KEY CHARACTERISTICS OF THE UNIVERSITY'S INSTRUCTIONAL FOUNDATION ARE A CHALLENGING LEARNING ENVIRONMENT, SMALL CLASSES, A HIGH QUALITY OF STUDENT LIFE, A COORDINATE COLLEGE SYSTEM, A COMMITMENT TO SERVICE, OPPORTUNITIES FOR MORAL AND SPIRITUAL DEVELOPMENT, A MIXTURE OF ENRICHING ACADEMIC AND CO-CURRICULAR EXPERIENCES, A SENSE OF COMMUNITY, AND A SPIRIT OF INNOVATION. THERE ARE APPROXIMATELY 4,405 FULL TIME STUDENTS. PART III, LINE 4B - ACADEMIC SUPPORT - THE RESPECTIVE DEAN'S OFFICES OF EACH OF THE FIVE SCHOOLS OVERSEE THE MAINTENANCE AND DEVELOPMENT OF THE SCHOOL TO ENSURE THAT THEY MAINTAIN THE HIGH LEVEL OF ACADEMIC INTEGRITY THAT HAS BECOME THE STANDARD OF THE UNIVERSITY OF RICHMOND. THE UNIVERSITY OFFERS OPPORTUNITIES FOR CONTINUING EDUCATION IN EACH PROFESSOR'S SPECIALTY, PLUS IN NEW TEACHING METHODS AND TECHNOLOGY, WHILE FACULTY COMMITTEES WORK TOWARD CONTINUOUS IMPROVEMENT IN ALL AREAS OF STUDENT INSTRUCTION. ACADEMIC COMPUTING PROVIDES INFORMATION TECHNOLOGY TO ENHANCE THE ACADEMIC RESOURCES AVAILABLE TO PROFESSORS AND STUDENTS, AND TO THE COMMUNITY THROUGH THE UNIVERSITY LIBRARY. LECTURE FUNDS ARE SET ASIDE TO PAY FOR VISITING SPEAKERS ON TOPICS RELEVANT TO ACADEMIC STUDIES OFFERED. PART III, LINE 4C - AUXILIARY ENTERPRISES - THE HOUSING OFFICE STRIVES TO MAINTAIN A COMFORTABLE LIVING ENVIRONMENT FOR THE 92% OF THE STUDENT BODY THAT RESIDES ON CAMPUS EACH YEAR. DINING SERVICES AUGMENTS THESE EFFORTS BY ENSURING STUDENTS HAVE ACCESS TO EXEMPLARY SERVICE, OUTSTANDING QUALITY FOOD, WITH A PASSION AND COMMITMENT TO EXCELLENCE AS WELL AS SUSTAINABILITY AND COMMUNITY SUPPORT. THE BOOKSTORE ENSURES THAT MEMBERS OF THE UNIVERSITY COMMUNITY AND BEYOND HAVE AN AFFORDABLE, CONVENIENT OPTION FOR UNIVERSITY OF RICHMOND TEXTBOOKS, GEAR, AND SUPPLIES. PRINTING SERVICES OFFERS TOP-QUALITY GRAPHIC COMMUNICATIONS FOR STUDENTS, FACULTY AND STAFF. THE ATHLETIC DEPARTMENT IS COMMITTED AND OBLIGATED TO THE PRINCIPLES OF INSTITUTIONAL CONTROL IN OPERATING ITS PROGRAMS IN A MANNER CONSISTENT WITH THE LETTER AND THE SPIRIT OF THE NCAA, ATLANTIC-10 CONFERENCE (A-10), AND UNIVERSITY RULES AND REGULATIONS. PART III, LINE 4D - OTHER PROGRAM SERVICES: STUDENT SERVICES - STUDENT DEVELOPMENT PROVIDES ON-CAMPUS PHYSICAL AND MENTAL HEALTH SERVICES, ACADEMIC AND CAREER COUNSELING, VARIOUS FRATERNITY, SORORITY AND OTHER EXTRACURRICULAR ACTIVITIES, AND ORGANIZATIONS THAT WORK TO UPHOLD THE UNIVERSITY'S CORE PRINCIPLES OF DIVERSITY AND INCLUSION. A SUBSET OF STUDENT DEVELOPMENT IS RECREATION AND WELLNESS, WHICH PROVIDES THE CAMPUS COMMUNITY WITH OUTSTANDING RECREATIONAL FACILITIES, FITNESS AND WELLNESS PROGRAMS, INTRAMURALS, AND SPORT CLUBS. IT ALSO SUPPORTS MULTIPLE STUDENT GOVERNMENT ASSOCIATIONS, WHICH VOICE THE STUDENTS' CONCERNS AND OPINIONS, AS WELL AS SERVES AS A LIAISON BETWEEN STUDENTS AND ADMINISTRATION, FACULTY, AND STAFF. UNDERGRADUATE AND LAW SCHOOL ADMISSION OFFICES COUNSEL THOUSANDS OF PROSPECTIVE APPLICANTS AND MAKE THEM FEEL WELCOME AT THE UNIVERSITY, WHILE PROVIDING SUPPORT FOR ACCEPTED STUDENTS. THE UNIVERSITY LIBRARIES SERVE THE CAMPUS COMMUNITY AND THE PUBLIC AND ARE A DESIGNATED FEDERAL DOCUMENTS REPOSITORY. EXPENSES: $20,023,850, INCLUDING GRANTS OF: $0, REVENUE: $0. RESEARCH - THE UNIVERSITY BELIEVES THAT ACADEMIC RESEARCH AT THE FACULTY, STAFF AND STUDENT LEVELS SIGNIFICANTLY IMPROVES THE QUALITY OF EDUCATION OF ALL STUDENTS. THUS, THE UNIVERSITY ENCOURAGES FACULTY, STUDENT AND STAFF RESEARCH BY OPERATING AN OFFICE OF FOUNDATION CORPORATE AND GOVERNMENT RELATIONS TO ASSIST WITH APPLICATIONS FOR FUNDING; ALLOCATING FUNDS FOR STUDENT AND FACULTY SUMMER AND VACATION RESEARCH PROJECTS, AND TRAVEL TO PARTICIPATE AND PRESENT FINDINGS AT ACADEMIC CONFERENCES; PROVIDING LABS, STUDIOS AND SPECIALIZED CLASSROOMS FOR CONDUCTING RESEARCH; PROVIDING INFRASTRUCTURE NECESSARY TO CONDUCT RESEARCH; EMPLOYING NON-FACULTY PERSONNEL TO MANAGE RESEARCH-RELATED FACILITIES AND CONDUCT EXPERIMENTS. THERE ARE APPROXIMATELY 250 STUDENTS AND 170 FACULTY MEMBERS INVOLVED IN RESEARCH PROJECTS. EXPENSES: $6,231,068, INCLUDING GRANTS OF: $0. REVENUE: $0. PUBLIC SERVICE - THE BONNER CENTER FOR CIVIC ENGAGEMENT (CCE} AT THE UNIVERSITY OF RICHMOND STRIVES TO BRING TOGETHER CAMPUS AND COMMUNITY MEMBERS IN COLLABORATIVE STUDY, REFLECTION, AND ACTION TO ADDRESS CONTEMPORARY SOCIAL ISSUES. BEYOND ORGANIZING VARIOUS SERVICE-ORIENTED EVENTS ELICITING PARTICIPATION FROM FACULTY, STAFF, AND STUDENTS, THE CCE ALSO ADMINISTRATES THE BONNER SCHOLARS PROGRAM (BSP). THE PROGRAM OFFERS FOUR-YEAR SCHOLARSHIP AWARDS TO STUDENTS WITH A SUSTAINED RECORD OF SERVICE AND A HIGH LEVEL OF FINANCIAL NEED. A DIVERSE GROUP OF APPROXIMATELY 100 STUDENTS CURRENTLY PARTICIPATE IN THE BSP AT THE UNIVERSITY OF RICHMOND, MAKING IT THE LARGEST BSP IN THE COUNTRY. THE UNIVERSITY'S OFFICE OF THE CHAPLAINCY SUPPORTS AND COORDINATES UR CAMPUS MINISTERS AND RELIGIOUS ORGANIZATIONS, INTER-RELIGIOUS COMMUNITY AND JUSTICE PROGRAMMING, A WEEKLY UNIVERSITY WORSHIP SERVICE, AND SPIRITUAL AND PASTORAL CARE. THE NUMBER OF PEOPLE SERVED WAS 12,700. EXPENSES: $2,875,264, INCLUDING GRANTS OF: $0. REVENUE: $0. | |
| PART VI, LINE 2: | R. LEWIS BOGGS AND PAUL B. QUEALLY HAVE IDENTIFIED A BUSINESS RELATIONSHIP WITH EACH OTHER. | |
| PART VI, LINE 11B: | THE FORM 990 WAS REVIEWED BY THE UNIVERSITY OF RICHMOND'S VICE PRESIDENT FOR BUSINESS AND FINANCE AND BY ITS GENERAL COUNSEL. FOLLOWING THAT REVIEW, A DRAFT OF THE FORM 990 WAS PROVIDED TO THE UNIVERSITY'S PRESIDENT, RECTOR, VICE RECTOR, CHAIR OF ITS BUSINESS MANAGEMENT COMMITTEE AND CHAIR OF ITS AUDIT AND COMPLIANCE COMMITTEE. A MEETING WAS CONDUCTED TO REVIEW THE FORM 990 AND RESPOND TO ANY QUESTIONS THAT THE GROUP HAD REGARDING THE RETURN. FOLLOWING THAT MEETING, AN ELECTRONIC VERSION OF THE FORM 990 WAS DISTRIBUTED TO THE ENTIRE BOARD OF TRUSTEES. THE STAFF OF THE VICE PRESIDENT FOR BUSINESS AND FINANCE AND THE GENERAL COUNSEL CONDUCTED TWO INFORMATION SESSIONS TO REVIEW THE FORM 990 WITH THE MEMBERS OF THE BOARD OF TRUSTEES AND TO RESPOND TO ANY QUESTIONS. ALL OF THIS OCCURRED PRIOR TO FILING THE FORM 990 WITH THE INTERNAL REVENUE SERVICE. THE RETURN THAT WAS REVIEWED WITH THE BOARD OF TRUSTEES WAS IDENTICAL TO THE ONE FILED WITH THE IRS WITH ONE EXCEPTION. INFORMATION REGARDING A SPECIFIC DONOR WAS REDACTED FROM SCHEDULE B. AS A CONDITION OF THE GIFT, THE DONOR REQUESTED ABSOLUTE ANONYMITY. IN ORDER TO COMPLY WITH THE DONOR'S STIPULATION, IDENTIFYING INFORATION WAS REMOVED FROM THE VERSION OF THE RETURN SHARED WITH THE BOARD. | |
| PART VI, LINE 12C: | THE UNIVERSITY MONITORS AND ENFORCES COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY IN SEVERAL WAYS. FIRST, THE UNIVERSITY REQUIRES ALL INDIVIDUALS COVERED BY ITS POLICY TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM ON AN ANNUAL BASIS. THE OFFICE OF THE SECRETARY TO THE BOARD OF TRUSTEES ENSURES THAT ALL COVERED INDIVIDUALS COMPLETE THE DISCLOSURE FORM. PRIOR TO ALL MEETINGS OF THE BOARD OF TRUSTEES OR ANY COMMITTEE THEREOF, THE SECRETARY TO THE BOARD AND THE GENERAL COUNSEL OF THE UNIVERSITY REVIEW THE MEETING AGENDA IN LIGHT OF THE CONFLICT OF INTEREST DISCLOSURES TO IDENTIFY ANY POTENTIAL OR ACTUAL CONFLICTS OF INTEREST THAT MIGHT ARISE. ADDITIONALLY, THE UNIVERSITY'S CONFLICT OF INTEREST POLICY REQUIRES COVERED INDIVIDUALS TO UPDATE THEIR DISCLOSURE FORMS DURING THE YEAR AND TO NOTIFY APPROPRIATE UNIVERSITY OFFICIALS OF ANY ACTUAL OR POTENTIAL CONFLICT THAT MIGHT ARISE PRIOR TO OR IN THE COURSE OF A MEETING. IF THERE IS A CONFLICT OF INTEREST, THE INVOLVED INDIVIDUAL IS REQUIRED TO RECUSE HIM OR HERSELF FROM THE DISCUSSION OF THE MATTER AT ISSUE, TO REFRAIN FROM VOTING ON THE MATTER AND TO REFRAIN FROM SEEKING TO INFLUENCE THE VOTE ON THE MATTER. | |
| PART VI, LINE 15A: | ON AN ANNUAL BASIS, THE BOARD OF TRUSTEES OF THE UNIVERSITY OF RICHMOND HAS DELEGATED AUTHORITY FOR RECOMMENDING THE APPROVAL OF THE COMPENSATION OF THE PRESIDENT TO THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. THE MEMBERS OF THE COMPENSATION COMMITTEE ARE THE RECTOR AND VICE RECTOR OF THE UNIVERSITY AND TWO OTHER MEMBERS OF THE BOARD OF TRUSTEES. THE UNIVERSITY ENSURES THAT THE MEMBERS OF THE COMPENSATION COMMITTEE DO NOT HAVE A CONFLICT OF INTEREST WITH REGARD TO ANY MATTER COMING BEFORE THEM. IN SETTING THE INITIAL COMPENSATION AND BENEFITS OF THE PRESIDENT AND IN CONSIDERING ANY MATERIAL AMENDMENT TO HIS EMPLOYMENT AGREEMENT, THE COMPENSATION COMMITTEE HAS ENGAGED AN OUTSIDE COMPENSATION CONSULTANT. THE COMPENSATION CONSULTANT RELIES ON COMPENSATION DATA FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS AND HAS OPINED ON THE REASONABLENESS OF THE PRESIDENT'S COMPENSATION. IN CONDUCTING THE REVIEW, THE COMPENSATION COMMITTEE RELIES ON COMPENSATION DATA FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. THE DELIBERATIONS AND DECISIONS OF THE COMPENSATION COMMITTEE ARE DOCUMENTED CONTEMPORANEOUSLY. | |
| PART VI, LINE 15B: | ON AN ANNUAL BASIS, THE BOARD OF TRUSTEES OF THE UNIVERSITY OF RICHMOND HAS DELEGATED AUTHORITY FOR REVIEWING AND APPROVING THE PRESIDENT'S RECOMMENDATIONS REGARDING THE COMPENSATION OF HIS DIRECT REPORTS TO THE COMPENSATION COMMITTEE. THE MEMBERS OF THE COMPENSATION COMMITTEE ARE THE RECTOR AND VICE RECTOR OF THE UNIVERSITY AND TWO OTHER MEMBERS OF THE BOARD OF TRUSTEES. THE UNIVERSITY ENSURES THAT THE MEMBERS OF THE COMPENSATION COMMITTEE DO NOT HAVE A CONFLICT OF INTEREST WITH REGARD TO ANY MATTER COMING BEFORE THEM. THE COMPENSATION COMMITTEE UTILIZES COMPENSATION DATA FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. THE COMPENSATION COMMITTEE APPROVES THE COMPENSATION FOR ALL OF THE PRESIDENT'S DIRECT REPORTS AND ANY OTHER UNIVERSITY EMPLOYEE WHO IS PAID MORE THAN $150,000 PER YEAR. THE DELIBERATIONS AND DECISIONS OF THE COMPENSATION COMMITTEE ARE DOCUMENTED CONTEMPORANEOUSLY. | |
| PART VI, LINE 19: | THE UNIVERSITY OF RICHMOND MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE ON ITS PUBLIC WEBSITE. THE UNIVERSITY MAKES ITS CONFLICT OF INTEREST POLICY AVAILABLE UPON REQUEST. | |
| PART XI, LINE 5: | NET UNREALIZED GAINS ON INVESTMENTS 182,912,892; TAX INCOME DIFFERENTIAL FROM RFMC K-1 (2,856,701); CHANGE IN FAIR VALUE OF SWAPS 4,016,750; CHANGE IN PRESENT VALUE - SPLIT INTEREST AGREEMENTS 217,215; CHANGE IN POST-RETIREMENT BENEFIT OBLIGATION (273,261); TOTAL OTHER CHANGES IN NET ASSETS OR FUND BALANCES 184,016,895 | OTHER CHANGES IN NET ASSETS OR FUND BALANCES |
Schedule R IRS990ScheduleR
Form990 Schedule R Part I Form990ScheduleRPartI (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Total IncomeTotalIncome | EOY AssetsEOYAssets | Business Name Line1DirectControllingEntityName/BusinessNameLine1 |
|---|---|---|---|---|---|---|---|---|---|
| RICHMOND QUADRANGLE LLC | |||||||||
| 201 MARYLAND HALL | RICHMOND | VA | 231730001 | 540505965 | PROPERTY MGMT | VA | 3075035 | 29452358 | NA |
| SPIDER MANAGEMENT COMPANY LLC | |||||||||
| 201 MARYLAND HALL | RICHMOND | VA | 231730001 | 261501416 | INVSTMNT MGMT | VA | 7231462 | 818260 | NA |
Form990 Schedule R Part III Form990ScheduleRPartIII (8 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivityPrimaryActivity | Legal Domicile StateLegalDomicileState | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Predominant Income TypePredominantIncomeType | Share Of Total IncomeShareOfTotalIncome | Share Of EOY AssetsShareOfEOYAssets | Disproportionate AllocationsDisproportionateAllocations | General Or Managing PartnerGeneralOrManagingPartner | Percentage OwnershipPercentageOwnership | Code VCodeVAmount |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PROP HLDNGS LLC | ||||||||||||||
| 201 MD HALL | RICHMOND | VA | 23173 | 541738291 | REAL ESTATE LOANS | VA | NA | EXCLUDED | 1783482 | 21248972 | true | false | 0.99000 | |
| PROP HLDNGS II LLC | ||||||||||||||
| 201 MD HALL | RICHMOND | VA | 23173 | 550793239 | REAL ESTATE LOANS | VA | NA | EXCLUDED | 8812 | 21769 | true | false | 0.87500 | |
| PROP HLDNGS III LLC | ||||||||||||||
| 201 MD HALL | RICHMOND | VA | 23173 | 651229396 | REAL ESTATE LOANS | VA | NA | EXCLUDED | -2658358 | 30615040 | true | false | 0.65220 | |
| ROR PARTNERSHIP | ||||||||||||||
| 201 MD HALL | RICHMOND | VA | 23173 | 261761403 | INVESTMENT MGMT | VA | NA | EXCLUDED | 64867090 | 1947457842 | false | true | 0.66270 | -$2,002,958 |
| RICHMOND FUND LP | ||||||||||||||
| 6802 PRGN PL | RCHMND | VA | 23230 | 261501561 | INVESTMENT MGMT | VA | RFMC | EXCLUDED | 0 | 0 | true | false | 0.00000 | |
| RCHMND FND MGMT LLC | ||||||||||||||
| 201 MD HALL | RICHMOND | VA | 23173 | 261501524 | INVESTMENT MGMT | VA | SMC | EXCLUDED | 7231426 | 6313465 | true | true | 1.00000 | |
| RCHMND PE HLDNG LLC | ||||||||||||||
| 201 MD HALL | RICHMOND | VA | 23173 | 264523065 | INVESTMENT MGMT | DE | NA | EXCLUDED | 159417 | 0 | false | false | 0.99800 | |
| BROADCAST PARTNERS | ||||||||||||||
| 201 MD HALL | RICHMOND | VA | 23173 | 830348514 | MEDIA PRODUCTION | VA | NA | EXCLUDED | 39900 | 67709 | false | true | 0.50000 | $0 |
Form990 Schedule R Part IV Form990ScheduleRPartIV (3 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivityPrimaryActivity | Legal Domicile StateLegalDomicileState | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Type Of EntityTypeOfEntity | Share Of Total IncomeShareOfTotalIncome | Share Of EOY AssetsShareOfEOYAssets | Percentage OwnershipPercentageOwnership |
|---|---|---|---|---|---|---|---|---|---|---|---|
| UR HOLDINGS INC | |||||||||||
| 201 MARYLAND HALL | RICHMOND | VA | 231730001 | 264523465 | INVESTMENT | VA | NA | C | -14 | 0 | 1.00000 |
| 17 CHARITABLE REMAINDER TRUSTS | |||||||||||
| CRT | NA | TRUST | |||||||||
| 2 CHARITABLE LEAD TRUSTS | |||||||||||
| CLT | NA | TRUST | |||||||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | false | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | true | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | false | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | false | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | false | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | false | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | false | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | false | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | false | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | false | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | false | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | false | SharingOfFacilities |
| Sharing Of Paid Employees | false | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | true | OtherTransferToOtherOrg |
| Other Transfer From Other Org | true | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (5 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved |
|---|---|
| PROPERTY HOLDINGS LLC | |
| B | 753775 |
| PROPERTY HOLDINGS III LLC | |
| B | 357216 |
| ROR PARTNERSHIP | |
| Q | 26801195 |
| PROPERTY HOLDINGS III LLC | |
| R | 1233736 |
| RICHMOND FUND MANAGEMENT CO LLC | |
| R | 4374761 |
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