UNIVERSITY OF RICHMOND: Form 990, tax year 2009

View the entire original 990 at ProPublica ↗

Organization: UNIVERSITY OF RICHMOND (EIN 54-0505965)
Tax period: 2009-07-01 to 2010-06-30
Filed: 2011-05-16
IRS object ID: 201141369349304154
Schema version: 2009v1.7
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 K
Schedule L
Schedule M
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2011-05-16T13:02:31-05:00	Timestamp
Tax Period End Date	2010-06-30	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RSM McGladrey Inc	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	7200 Glen Forest Dr Ste 200	AddressLine1
City	Richmond	City
State	VA	State
ZIP Code	23226	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2009-07-01	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	23173	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	Hossein Sadid	Name
Title	VP for Business&Finance/Treas	Title
Phone	8044841523	Phone
Date Signed	2011-05-16	DateSigned
Authorize Third Party	1	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	Traci R Kube	Name
Phone	8042822121	Phone

Field	Value	IRS element (for citing)
Tax Year	2009	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	23173	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	484307856	GrossReceipts
Group Return For Affiliates	0	GroupReturnForAffiliates
Organization501c	X	Organization501c
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,& PROFESSIONAL EDUCATION & LEARNING.SEE SCHEDULE O, PAGE 10	ActivityOrMissionDescription
Nbr Voting Members Governing Body	20	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	13	NbrIndependentVotingMembers
Total Nbr Employees	4519	TotalNbrEmployees
Total Nbr Volunteers	1822	TotalNbrVolunteers
Total Gross UBI	4350842	TotalGrossUBI
Net Unrelated Business Txbl Income	2398893	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	13715768	ContributionsGrantsPriorYear
Contributions Grants Current Year	17065883	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	147706212	ProgramServiceRevenuePriorYear
Program Service Revenue CY	158383231	ProgramServiceRevenueCY
Investment Income Prior Year	46721071	InvestmentIncomePriorYear
Investment Income Current Year	60152602	InvestmentIncomeCurrentYear
Other Revenue Prior Year	6095018	OtherRevenuePriorYear
Other Revenue Current Year	8430023	OtherRevenueCurrentYear
Total Revenue Prior Year	214238069	TotalRevenuePriorYear
Total Revenue Current Year	244031739	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	52401931	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	62482729	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	115169023	SalariesEtcPriorYear
Salaries Etc Current Year	120881298	SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year	24873	TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY	206825	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	8152818	TotalFundrsngExpCurrentYear
Other Expense Prior Year	70150967	OtherExpensePriorYear
Other Expenses Current Year	71720170	OtherExpensesCurrentYear
Total Expenses Prior Year	237746794	TotalExpensesPriorYear
Total Expenses Current Year	255291022	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	-23508725	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	-11259283	RevenuesLessExpensesCY
Total Assets BOY	1910737132	TotalAssetsBOY
Total Assets EOY	2022200441	TotalAssetsEOY
Total Liabilities BOY	235687521	TotalLiabilitiesBOY
Total Liabilities EOY	263626937	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	1675049611	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	1758573504	NetAssetsOrFundBalancesEOY
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.	MissionDescription
Significant New Program Services	0	SignificantNewProgramServices
Significant Change	0	SignificantChange
Expense	125689661	Expense
Grants	62482729	Grants
Revenue	141454655	Revenue
Description	INSTRUCTIONThe 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 3,590 full time students.	Description

Activity2 Activity2

Field	Value	IRS element (for citing)
Expense	35945688	Expense
Description	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. The Office of International Education facilitates study abroad by American students and study at Richmond by students from other countries.	Description

Activity3 Activity3

Field	Value	IRS element (for citing)
Expense	32923706	Expense
Revenue	16928576	Revenue
Description	AUXILIARY ENTERPRISESThe 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 Post Office is a contract station for the United States Postal Service (USPS) whose goal is to provide service that is courteous, economical, and efficient. The Columbarium offers cremation, inurnment or scattering of ashes for alumni, students, faculty, staff, trustees and their immediate family members. The Athletic Department is committed and obligated to the principles of institutional control in operating its athletics program in a manner consistent with the letter and the spirit of the NCAA, Atlantic-10 Conference (A-10) and University rules and regulations.	Description

Activity Other ActivityOther (3 entries)

ExpenseExpense	DescriptionDescription
7454929	RESEARCHThe 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.
18564206	STUDENT SERVICESStudent 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 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.
3056456	PUBLIC SERVICEThe 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 participates 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.

Field	Value	IRS element (for citing)
Total Of Other Program Service Exp	29075591	TotalOfOtherProgramServiceExp
Total Program Service Expense	223634646	TotalProgramServiceExpense
Described In501 C3	1	DescribedIn501C3
Schedule B Required	1	ScheduleBRequired
Political Activities	0	PoliticalActivities
Lobbying Activities	0	LobbyingActivities
Donor Advised Funds	0	DonorAdvisedFunds
Conservation Easements	1	ConservationEasements
Collections Of Art	1	CollectionsOfArt
Credit Counseling	0	CreditCounseling
Term Or Permanent Endowments	1	TermOrPermanentEndowments
Balance Sheet Amounts Reported	1	BalanceSheetAmountsReported
Independent Audit Financial Stmt	0	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	1	ConsolidatedAuditFinancialStmt
School	1	School
Foreign Office	0	ForeignOffice
Foreign Activities	1	ForeignActivities
More Than5000 K To Organizations	0	MoreThan5000KToOrganizations
More Than5000 K To Individuals	1	MoreThan5000KToIndividuals
Professional Fundraising	1	ProfessionalFundraising
Fundraising Activities	1	FundraisingActivities
Gaming	0	Gaming
Hospital	0	Hospital
Grants To Organizations	0	GrantsToOrganizations
Grants To Individuals	1	GrantsToIndividuals
Schedule J Required	1	ScheduleJRequired
Tax Exempt Bonds	1	TaxExemptBonds
Invest Tax Exempt Bonds	0	InvestTaxExemptBonds
Escrow Account	0	EscrowAccount
On Behalf Of Issuer	0	OnBehalfOfIssuer
Excess Benefit Transaction	0	ExcessBenefitTransaction
Prior Excess Benefit Transaction	0	PriorExcessBenefitTransaction
Loan To Officer Or DQP	1	LoanToOfficerOrDQP
Grant To Related Person	0	GrantToRelatedPerson
Bsnss Rltnshp With Organization	1	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	1	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	1	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	1	DeductibleNonCashContributions
Deductible Contributions Of Art	1	DeductibleContributionsOfArt
Terminated	0	Terminated
Partial Liquidation	0	PartialLiquidation
Disregarded Entity	1	DisregardedEntity
Related Entity	1	RelatedEntity
Related Org Controlled Entity	1	RelatedOrgControlledEntity
Transfers To Exempt Non Chrtbl Org	0	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	0	ActivitiesConductedPartnership
Schedule O Required	1	ScheduleORequired
Number Forms Transmitted With1096	6809	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Number Of Employees	4519	NumberOfEmployees
Employment Tax Returns Filed	1	EmploymentTaxReturnsFiled
Unrelated Business Income	1	UnrelatedBusinessIncome
Form990-T Filed	1	Form990-TFiled
Foreign Financial Account	1	ForeignFinancialAccount
Name Of Foreign Country	BD	NameOfForeignCountry
Name Of Foreign Country	GK	NameOfForeignCountry
Name Of Foreign Country	JE	NameOfForeignCountry
Name Of Foreign Country	LU	NameOfForeignCountry
Name Of Foreign Country	UK	NameOfForeignCountry
Name Of Foreign Country	VI	NameOfForeignCountry
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTrans
Taxable Party Notification	0	TaxablePartyNotification
Non Deductible Contributions	0	NonDeductibleContributions
Quid Pro Quo Contributions	1	QuidProQuoContributions
Quid Pro Quo Disclosure	1	QuidProQuoDisclosure
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOf
Funds To Pay Premiums	0	FundsToPayPremiums
Premiums Paid	0	PremiumsPaid
Form8899 Filed	0	Form8899Filed
Form1098 C Filed	0	Form1098CFiled
Nbr Voting Governing Body Members	20	NbrVotingGoverningBodyMembers
Number Independent Voting Members	13	NumberIndependentVotingMembers
Family Or Business Relationship	0	FamilyOrBusinessRelationship
Delegation Of Management Duties	0	DelegationOfManagementDuties
Changes To Organizing Docs	1	ChangesToOrganizingDocs
Material Diversion Or Misuse	0	MaterialDiversionOrMisuse
Members Or Stockholders	0	MembersOrStockholders
Election Of Board Members	0	ElectionOfBoardMembers
Decisions Subject To Approval	0	DecisionsSubjectToApproval
Minutes Of Governing Body	1	MinutesOfGoverningBody
Minutes Of Committees	1	MinutesOfCommittees
Officer Mailing Address	0	OfficerMailingAddress
Local Chapters	0	LocalChapters
Form990 Provided To Governing Body	1	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	1	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	1	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	1	RegularMonitoringEnforcement
Whistleblower Policy	1	WhistleblowerPolicy
Document Retention Policy	1	DocumentRetentionPolicy
Compensation Process CEO	1	CompensationProcessCEO
Compensation Process Other	1	CompensationProcessOther
Investment In Joint Venture	1	InvestmentInJointVenture
Written Policy Or Procedure	1	WrittenPolicyOrProcedure
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	23173	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (42 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer	Key EmployeeKeyEmployee	Highest Compensated EmployeeHighestCompensatedEmployee	FormerFormer
Allen B King
Trustee	2.00	X	0	0	0
Charles A Ledsinger Jr
Trustee	2.00	X	0	0	0
Daniel J Ludeman
Trustee	2.00	X	0	0	0
Edward L Ayers
President	40.00	X	481304	0	237974	X
Fred T Tattersall
Trustee	2.00	X	0	0	0
George W Wellde Jr
Rector	7.00	X	0	0	0	X
Guy A Ross
Trustee	2.00	X	0	0	0
Janice R Moore
Trustee	2.00	X	0	0	0
Kevin M Cox
Trustee	2.00	X	0	0	0
The Honorable Roger L Gregory
Trustee	2.00	X	0	0	0
Michael E Szymanczyk
Trustee	2.00	X	0	0	0
Patricia L Rowland
Trustee	2.00	X	0	0	0
Patricia Lebow
Trustee	2.00	X	0	0	0
R Lewis Boggs
vice rector	7.00	X	0	0	0	X
Richard S Johnson
Trustee	2.00	X	0	0	0
Stephen J Kneeley
Trustee	2.00	X	0	0	0
Stephen M Lessing
Trustee	2.00	X	0	0	0
Susan M Humphreville
Trustee	2.00	X	0	0	0
Terry Heilman Sylvester
Trustee	2.00	X	0	0	0
Melanie Healey
Trustee	2.00	X	0	0	0
Ann Lloyd Breeden
Secretary	40.00		168263	0	30353	X
Stephen Allred
Provost & VP Academics	40.00		311889	0	51278	X
Hossein Sadid
VP BUS & Finance, treasurer	40.00		153703	0	13005	X
Andrew Newcomb
Dean - school of Arts & Sc	40.00		238327	0	42486		X
John Douglass
Dean - Law School	40.00		298599	0	47690		X
Jorge Haddock
Dean - Business School	40.00		0	0	0		X
Kathryn Monday
VP for information service	40.00		195002	0	34350		X
Lori Schuyler
chief of staff	40.00		159424	0	27108		X
Srinivas Pulavarti
President - SMC	40.00		684315	0	142453		X
Stephen Bisese
vp for student development	40.00		189508	0	37477		X
Anne Tessier
VP for Enrollment Management	40.00		185820	0	33890		X
Christopher Mooney
mens basketball coach	40.00		417672	0	41247			X
Joan Bak
Professor of History	40.00		0	0	0			X
Michael London
Football coach	40.00		476367	0	42800			X
Patrick Fishe
Professor of Finance	40.00		276976	0	43787			X
Robin Blandford
Director of investments SM	40.00		349421	0	40883			X
Thomas Gutenberger
VP for Advancement	40.00		381920	0	47897			X
Herbert C Peterson
VP BUS & Finance	40.00		165338	0	46271				X
Carolyn Martin
Executive assistant to pre	40.00		159631	0	32208				X
William E Cooper
Professor, Former Presiden	40.00		250655	0	61274				X
Carl Tobias
professor of law	40.00		0	0	0				X
Joseph Kent
interim provost	40.00		0	0	0				X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	5544134	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	0	TotalReportableCompFrmRltdOrgs
Total Other Compensation	1054431	TotalOtherCompensation
Number Individuals GT100 K	181	NumberIndividualsGT100K
Formers Listed	1	FormersListed
Total Comp GT150 K	1	TotalCompGT150K
Compensation From Other Sources	0	CompensationFromOtherSources

Contractor Compensation ContractorCompensation (5 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1	CityAddressOfContractor/AddressUS/City	StateAddressOfContractor/AddressUS/State	ZIP CodeAddressOfContractor/AddressUS/ZIPCode	Description Of ServicesDescriptionOfServices	CompensationCompensation
RVA Construction LLC
515 Hull Street	Richmond	VA	23224	construction contractor	2385192
worley associates architects
908 N Thompson Street	Richmond	VA	23230	architectural services	865378
Spurrier Media Group
140 Virginia Street	Richmond	VA	23219	branding/Radio Production	436656
DOUble jay creative
406 W Church ave	knoxville	TN	37902	video/photography media	395828
Council on International Educational Exc
300 Fore Street	Portland	ME	04101	study abroad education fees	352250

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	21	NumberOfContractorsGT100K
Government Grants	3174584	GovernmentGrants
All Other Contributions	13891299	AllOtherContributions
Noncash Contributions	953832	NoncashContributions
Total Contributions	17065883	TotalContributions

Program Service Revenue ProgramServiceRevenue (3 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome	Unrelated Business RevenueUnrelatedBusinessRevenue
Tuitions and fees	611600	141454655	141454655
Aux enterprises	900099	16417233	15458845	958388
Summer Camps/Conferenc	900099	511343		511343

Field	Value	IRS element (for citing)
Total Program Service Revenue	158383231	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	4167615	TotalRevenueColumn
Unrelated Business Revenue	1279994	UnrelatedBusinessRevenue
Exclusion	$2,887,621	ExclusionAmount

Gross Rents GrossRents

Field	Value	IRS element (for citing)
Real	3011999	Real

Rental Income Or Loss RentalIncomeOrLoss

Field	Value	IRS element (for citing)
Real	3011999	Real

Net Rental Income Or Loss NetRentalIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	3011999	TotalRevenueColumn
Exclusion	$3,011,999	ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Securities	288932071	Securities

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Securities	232947084	Securities

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Securities	55984987	Securities

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	55984987	TotalRevenueColumn
Exclusion	$55,984,987	ExclusionAmount

Field	Value	IRS element (for citing)
Gross Income Fundraising Events	43496	GrossIncomeFundraisingEvents
Fundraising Direct Expenses	32924	FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Field	Value	IRS element (for citing)
Total Revenue Column	10572	TotalRevenueColumn
Exclusion	$10,572	ExclusionAmount

Field	Value	IRS element (for citing)
Gross Sales Of Inventory	19900797	GrossSalesOfInventory
Cost Of Goods Sold	7296109	CostOfGoodsSold

Net Income Or Loss NetIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	12604688	TotalRevenueColumn
Related Or Exempt Function Income	12604688	RelatedOrExemptFunctionIncome

Other Revenue Misc OtherRevenueMisc (3 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome	Unrelated Business RevenueUnrelatedBusinessRevenue
Anthem refund	900099	1721913	1721913
Investment Management	525990	1244593		1244593
Other misc. income	713940	870803	514279	356524

Miscellaneous Revenue MiscellaneousRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	-11034545	TotalRevenueColumn
Related Or Exempt Function Income	-11034545	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Other Revenue	-7197236	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	244031739	TotalRevenueColumn
Related Or Exempt Function Income	160719835	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	4350842	UnrelatedBusinessRevenue
Exclusion	$61,895,179	ExclusionAmount

Grants To Domestic Individuals GrantsToDomesticIndividuals

Field	Value	IRS element (for citing)
Total	59143408	Total
Program Services	59143408	ProgramServices

Foreign Grants ForeignGrants

Field	Value	IRS element (for citing)
Total	3339321	Total
Program Services	3339321	ProgramServices

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	3689223	Total
Program Services	3062769	ProgramServices
Management And General	470265	ManagementAndGeneral
Fundraising	156189	Fundraising

Comp Disqual Persons CompDisqualPersons

Field	Value	IRS element (for citing)
Total	715377	Total
Program Services	593795	ProgramServices
Management And General	91568	ManagementAndGeneral
Fundraising	30014	Fundraising

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	95226943	Total
Program Services	79111605	ProgramServices
Management And General	11942672	ManagementAndGeneral
Fundraising	4172666	Fundraising

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	7536521	Total
Program Services	6273684	ProgramServices
Management And General	904350	ManagementAndGeneral
Fundraising	358487	Fundraising

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	6709385	Total
Program Services	5549088	ProgramServices
Management And General	930293	ManagementAndGeneral
Fundraising	230004	Fundraising

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	7003849	Total
Program Services	5830268	ProgramServices
Management And General	840431	ManagementAndGeneral
Fundraising	333150	Fundraising

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	272303	Total
Management And General	272303	ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	311431	Total
Program Services	100	ProgramServices
Management And General	311331	ManagementAndGeneral

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	206825	Total
Fundraising	206825	Fundraising

Advertising Advertising

Field	Value	IRS element (for citing)
Total	1009690	Total
Program Services	861003	ProgramServices
Management And General	30033	ManagementAndGeneral
Fundraising	118654	Fundraising

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	1171236	Total
Program Services	1150993	ProgramServices
Management And General	6382	ManagementAndGeneral
Fundraising	13861	Fundraising

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	8947360	Total
Program Services	8828318	ProgramServices
Management And General	114633	ManagementAndGeneral
Fundraising	4409	Fundraising

Travel Travel

Field	Value	IRS element (for citing)
Total	5147833	Total
Program Services	4290502	ProgramServices
Management And General	557302	ManagementAndGeneral
Fundraising	300029	Fundraising

Interest Interest

Field	Value	IRS element (for citing)
Total	5155641	Total
Program Services	4223179	ProgramServices
Management And General	932462	ManagementAndGeneral

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	16047482	Total
Program Services	12325746	ProgramServices
Management And General	3721736	ManagementAndGeneral

Other Expenses OtherExpenses (5 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral	FundraisingFundraising
Other	9335087	9068444	-372780	639423
supplies	8906052	7847010	848011	211031
Contractual services	8063917	6823816	608331	631770
Telephone	2410381	2102473	190668	117240
equipment rental	2179381	1300560	795926	82895

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	2762376	Total
Program Services	1908564	ProgramServices
Management And General	307641	ManagementAndGeneral
Fundraising	546171	Fundraising

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	255291022	Total
Program Services	223634646	ProgramServices
Management And General	23503558	ManagementAndGeneral
Fundraising	8152818	Fundraising

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	141076442	BOY
EOY	113710625	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
BOY	30930434	BOY
EOY	20813719	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	29325697	BOY
EOY	3476706	EOY

Other Notes Loans Receivable Net OtherNotesLoansReceivableNet

Field	Value	IRS element (for citing)
BOY	4229574	BOY
EOY	3832785	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
BOY	1785520	BOY
EOY	2065920	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	7744196	BOY
EOY	7115341	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	531691504	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	258930811	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	239132574	BOY
EOY	272760693	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	569527163	BOY
EOY	19615498	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
BOY	880308925	BOY
EOY	1572060357	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	6676607	BOY
EOY	6748797	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	1910737132	BOY
EOY	2022200441	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	14839033	BOY
EOY	33398830	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	10493260	BOY
EOY	12223386	EOY

Tax Exempt Bond Liabilities TaxExemptBondLiabilities

Field	Value	IRS element (for citing)
BOY	176600000	BOY
EOY	176600000	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	33755228	BOY
EOY	41404721	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	235687521	BOY
EOY	263626937	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	830788058	BOY
EOY	858979501	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	554285636	BOY
EOY	593281706	EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	289975917	BOY
EOY	306312297	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	1675049611	BOY
EOY	1758573504	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	1910737132	BOY
EOY	2022200441	EOY

Field	Value	IRS element (for citing)
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	0	AccountantCompileOrReview
FS Audited	1	FSAudited
Audit Committee	1	AuditCommittee
Financial Statement Consolidated	X	FinancialStatementConsolidated
Federal Grant Audit Required	1	FederalGrantAuditRequired
Federal Grant Audit Performed	1	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)
Preservation Of Open Space	X	PreservationOfOpenSpace
Total Number Of Easements	1	TotalNumberOfEasements
Total Acreage	104.00	TotalAcreage
Nmbr States In Which Easements Held	1	NmbrStatesInWhichEasementsHeld
Written Policy Monitoring	0	WrittenPolicyMonitoring
Sect170h Requirements Satisfied	1	Sect170hRequirementsSatisfied
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	0	SolicitedAssetsForSale

Current Year CurrentYear

Field	Value	IRS element (for citing)
Beginning Of Year Balance	1393253972	BeginningOfYearBalance
Contributions	105146714	Contributions
Investment Earnings Or Losses	138996408	InvestmentEarningsOrLosses
Other Expenditures	5468352	OtherExpenditures
End Of Year Balance	1631928742	EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

Field	Value	IRS element (for citing)
Beginning Of Year Balance	1707377490	BeginningOfYearBalance
Contributions	1382356	Contributions
Investment Earnings Or Losses	-251435539	InvestmentEarningsOrLosses
Other Expenditures	64070335	OtherExpenditures
End Of Year Balance	1393253972	EndOfYearBalance

Field	Value	IRS element (for citing)
Board Designated EOY Balance	0.50000	BoardDesignatedEOYBalance
Permanent Endowment EOY Balance	0.18000	PermanentEndowmentEOYBalance
Term Endowment EOY Balance	0.32000	TermEndowmentEOYBalance
Endowments Held By Unrelated Orgs	1	EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs	1	EndowmentsHeldByRelatedOrgs
Are Related Orgs Listed Schedule R	1	AreRelatedOrgsListedScheduleR

Land Land

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	19427717	OtherCostOrOtherBasis
Book Value	19427717	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	333652588	OtherCostOrOtherBasis
Depreciation	133144601	Depreciation
Book Value	200507987	BookValue

Leasehold Improvements LeaseholdImprovements

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	25655399	OtherCostOrOtherBasis
Depreciation	14991245	Depreciation
Book Value	10664154	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	78138726	OtherCostOrOtherBasis
Depreciation	68769629	Depreciation
Book Value	9369097	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	74817074	OtherCostOrOtherBasis
Depreciation	42025336	Depreciation
Book Value	32791738	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	272760693	TotalOfBookValueLandBuildings

Other Securities OtherSecurities (4 entries)

DescriptionDescription	Book ValueBookValue	Method Of ValuationMethodOfValuation
Investments - other	176414017	F
investments - hedge funds	1021240007	F
Investments - preferred stock	21514	F
Investments - private equity funds & real estate	374384819	F

Field	Value	IRS element (for citing)
Total Of Book Value Securities	1572060357	TotalOfBookValueSecurities

Other Liabilities OtherLiabilities (5 entries)

DescriptionDescription	AmountAmount
Funds held on behalf of others	$190,397
Annuities Payable	$6,021,329
Interest Rate Swap Liabilities	$20,092,938
Govt Grants Refundable	$3,901,544
Post-retirement benefits	$11,198,513

Field	Value	IRS element (for citing)
Total Of Amounts	41404721	TotalOfAmounts
Total Revenue	244031739	TotalRevenue
Total Expenses	255291022	TotalExpenses
Excess Or Deficit For Year	-11259283	ExcessOrDeficitForYear
Net Unrealized GL On Investments	96036650	NetUnrealizedGLOnInvestments
Other	-$1,253,474	OtherAmount
Total Adjustments	94783176	TotalAdjustments
Excess Or Deficit Per FS	83523893	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	288297239	TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments	96036650	NetUnrealizedGainsInvestments
Other Revenues	4668945	OtherRevenues
Revenue Not Rptd F990	100705595	RevenueNotRptdF990
Revenue Subtotal	187591644	RevenueSubtotal
Other Revenues Not Included	56440095	OtherRevenuesNotIncluded
Revenue Not Rptd On Fin Stmt	56440095	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	244031739	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	204773346	TotExpensesEtcAuditedFinclStmt
Other Expenses Included	11965053	OtherExpensesIncluded
Expenses Not Rptd F990	11965053	ExpensesNotRptdF990
Expenses Subtotal	192808293	ExpensesSubtotal
Other Expenses Not Included	62482729	OtherExpensesNotIncluded
Expenses Not Rptd On Fin Stmt	62482729	ExpensesNotRptdOnFinStmt
Total Expenses Per Form990	255291022	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (9 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
Part II, Line 9:	Description of How Organization Reports Conservation Easements:	On December 28, 1967, the University of Richmond received a deed of Gift of Land (104.34 acres) in Goochland County, VA. This land came with an easement with the Virginia Outdoor Foundation. The land is used by the biology department for field trips so that the students can learn about plants and animals in their natural habitat. The easement does not generate any revenues or expenses. Text of footnote related to conservation easement: Property, plant and equipment consisting of land, improvements, buildings, equipment and library books are stated at cost, if acquired by purchase, or estimated fair value at the date of donation, if contributed by a donor, net of accumulated depreciation.
Part III, Line 1a:		The University's collections of works of art & historical treasures are held for education, research, scientific inquiry, and public exhibition. Their values are not reflected in the University's financial statements.
Part III, Line 4:		Library Works of Art Scholarly research Preservation for future generations 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. University Museums Public exhibition Scholarly research Preservation for future generations Loan or exchange program *Other In addition to other types of objects, the collections of University of Richmond Museums include fine art, artifacts, and decorative arts, dating from as early as 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 provides the opportunity for the appreciation, knowledge, research, and scholarship of art, cultural history, and science through exhibitions (on-campus and traveling) and scholarly publications, as well as academic and public educational programs including 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 curricular 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:	Description of Intended Use of Endowment Funds:	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. Schedule D, Part V, line 1b includes contributions of $2,147,324; operating cash transferred to the quasi-endowment of $100,000,000; reinvested endowment income of $2,999,390. Schedule D, Part V, line 1e includes assets appropriated for expenditure of $46,883,584; elimination of intercompany payable of $41,415,232.
Part XII, Line 2d - Other Adjustments:		Faculty/staff Tuition Waivers: 4668945.
Part XII, Line 4b - Other Adjustments:		COGS - Auxiliary Enterprises: -7296109. Investment Management fees - flow through Spider Management Co. K-1: 1244593. scholarships netted with revenues on the financial statements: 62482729. Broadcast Partners additional income flow through K-1: 8882.
Part XIII, Line 2d - Other Adjustments:		COGS - Auxiliary Enterprises: 7296109. Faculty/staff Tuition Waivers: 4668945. Rounding: -1.
Part XIII, Line 4b - Other Adjustments:		scholarships netted with revenues on the financial statements: 62482729.
		Part X: Footnote to the organization's financial statements that reports the organization's liability for uncertain tax position under FIN 48: 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, 2010 and 2009. 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 the financial position. As of June 30, 2010, the tax years that remain subject to examination by the major tax jurisdictions under the statute of limitations is from the year 2007 forward.

Schedule E IRS990ScheduleE

Field	Value	IRS element (for citing)
Nondiscriminatory Policy Stmt	1	NondiscriminatoryPolicyStmt
Policy Statement In Brochures Etc	1	PolicyStatementInBrochuresEtc
Policy Publ Via Broadcast Media	1	PolicyPublViaBroadcastMedia
Pub Via Broadcast Media Expln	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.	PubViaBroadcastMediaExpln
Maint Racial Composition Records	1	MaintRacialCompositionRecords
Maint Scholarships Records	1	MaintScholarshipsRecords
Maint Copies Of Brochures Etc	1	MaintCopiesOfBrochuresEtc
Maint Copies Of All Solicitations	1	MaintCopiesOfAllSolicitations
Discriminate Race Students Rights	0	DiscriminateRaceStudentsRights
Discriminate Race Admiss Policies	0	DiscriminateRaceAdmissPolicies
Discriminate Race Emplmn Faculty	0	DiscriminateRaceEmplmnFaculty
Discriminate Race Scholarships	0	DiscriminateRaceScholarships
Discriminate Race Educ Policies	0	DiscriminateRaceEducPolicies
Discriminate Race Use Of Fclts	0	DiscriminateRaceUseOfFclts
Discriminate Race Athletic Prog	0	DiscriminateRaceAthleticProg
Discriminate Race Other Acty	0	DiscriminateRaceOtherActy
Government Financial Aid Received	1	GovernmentFinancialAidReceived
Government Financial Aid Revoked	0	GovernmentFinancialAidRevoked
Govt Financial Aid Explanation	FEDERAL FUNDS ARE USED TO FINANCE STUDENT AID PROGRAMS. A COMPLETE LIST OF AGENCIES AND AMOUNTS IS ON FILE AT THE UNIVERSITY.	GovtFinancialAidExplanation
Compliance With Rev Proc7550	1	ComplianceWithRevProc7550

Schedule F IRS990ScheduleF

Field	Value	IRS element (for citing)
Grant Records Maintained	0	GrantRecordsMaintained

Accts Actvs Out US Table AcctsActvsOutUSTable (9 entries)

RegionRegion	Type Of Activities ConductedTypeOfActivitiesConducted	Specific Services ProvidedSpecificServicesProvided	Total ExpendituresTotalExpenditures
East Asia and the Pacific	Program Services	Education	320061
Europe	Program Services	Education	798227
North America	Program Services	Education	22207
South America	Program Services	Education
Sub- Saharan Africa	Program Services	Education
Central America & Caribbean	Program Services	Education
Middle East & North Africa	Program Services	Education
Russia & Independent States	Program Services	Education
South Asia	Program Services	Education

Field	Value	IRS element (for citing)
Total Number Of Offices	0	TotalNumberOfOffices
Total Number Of Employees	0	TotalNumberOfEmployees
Total Amount Spent	1140495	TotalAmountSpent

Grants To Ind Outside US GrantsToIndOutsideUS (9 entries)

Type Of AssistanceTypeOfAssistance	RegionRegion	Number Of RecipientsNumberOfRecipients	Amount Of Cash GrantAmountOfCashGrant	Manner Of Cash DisbursementMannerOfCashDisbursement
Financial Aid Grants and Scholarships	Central America & Caribbean	5	8372	see Part IV
Financial Aid Grants and Scholarships	East Asia & the Pacific	59	697789	see Part IV
Financial Aid Grants and Scholarships	Europe	229	1973070	see Part IV
Financial Aid Grants and Scholarships	Middle East & North Africa	9	107219	see Part IV
Financial Grants and Scholarships	North America	2	46886	see Part IV
Financial Aid Grants and Schlarships	Russia & Independent States	2	19250	see Part IV
Financial Aid Grants and Scholarships	South America	23	212968	see Part IV
Financial Aid Grants and Scholarships	South Asia			see Part IV
Financial Aid and Scholarships	Sub-Saharan Africa	19	273767	see Part IV

Form990 Schedule F Part IV Form990ScheduleFPartIV (4 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
Schedule F, Part IV	Other Information	Part I, line 2: Each student has an account with the University. That account is charged for full tuition while the student is studying abroad. University financial aid in the form of grants and scholarships is credited to eligible students' accounts. Thus, elegible students that are studying abroad at institutions with which the University of Richmond has an agreement receive financial aid grants and scholarships which are credited to their student accounts. These grants and scholarships reduce the amount that the student has to pay to the University of Richmond for tuition.
Schedule F, Part IV	Other Information	Part I, line 3: The Office of International Education at the University of Richmond has a budget that is used to pay foreign institutions of higher education and other entities for the provision of educational instructions to our students who study at these foreign institutions. The University has written agreements with the foreign institutions of higher education as well as invoices and student records for determining what is paid to these institutions who provide teaching and instruction to our students.
Schedule F, Part IV	Other Information	Part III, Column C: Students who study abroad must make application to the Office of International Education. Once the application is approved and the student confirms that she/he is going to study abroad, the student is given a special code for the term that she/he will be studying abroad in order to identify who is studying abroad each semester. Thus, the number of students who study abroad can be obtained from the University's Enterprise Resource Planning System by querying the system. Additional records are kept in the Office of International Education.
Schedule F, Part IV	Other Information	Part III, Column E: The payment of grants and scholarships is made to the student's record by a journal entry. The student's account is credited for the grant or scholarship, which reduces the balance the student owes for tuition. The University's financial budget for grants or scholarships is charged in order to know the amount of grant or scholarship expense.

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	1	AgreementRefFundraising

Fundraiser Activity Information FundraiserActivityInformation (2 entries)

ActivityActivity	Fundraiser Control Of FundsFundraiserControlOfFunds	Gross ReceiptsGrossReceipts	Amount Retained By ContractorAmountRetainedByContractor	Net To OrganizationNetToOrganization
Washburn & McGoldrick
Campaign Consulting	0	0	193442	0
Pentera Inc
Campaign Consulting	0	0	13383	0

Field	Value	IRS element (for citing)
Total Retained By Contractors	206825	TotalRetainedByContractors
Licensed States	AL	LicensedStates
Licensed States	AR	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 Golf Outing	NameOfEvent1
Gross Receipts Event1	15480	GrossReceiptsEvent1
Gross Revenue Event1	15480	GrossRevenueEvent1
Rent Facility Costs Event1	8468	RentFacilityCostsEvent1
Entertainment Event1	516	EntertainmentEvent1
Other Direct Expenses Event1	1413	OtherDirectExpensesEvent1
Name Of Event2	Womens Golf Tournament	NameOfEvent2
Gross Receipts Event2	28016	GrossReceiptsEvent2
Gross Revenue Event2	28016	GrossRevenueEvent2
Non Cash Prizes Event2	1583	NonCashPrizesEvent2
Rent Facility Costs Event2	7055	RentFacilityCostsEvent2
Other Direct Expenses Event2	13889	OtherDirectExpensesEvent2
Gross Receipts Total	43496	GrossReceiptsTotal
Gross Revenue Total Events	43496	GrossRevenueTotalEvents
Non Cash Prizes Total Events	1583	NonCashPrizesTotalEvents
Rent Facility Costs Total Events	15523	RentFacilityCostsTotalEvents
Entertainment Total Events	516	EntertainmentTotalEvents
Other Direct Expenses Total Events	15302	OtherDirectExpensesTotalEvents
Direct Expense Summary Events	32924	DirectExpenseSummaryEvents
Net Income Summary	10572	NetIncomeSummary

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Records Maintained	1	RecordsMaintained

Form990 Schedule I Part III Form990ScheduleIPartIII

Field	Value	IRS element (for citing)
Type Of Grant	Scholarships	TypeOfGrant
Number Of Recipients	2450	NumberOfRecipients
Amount Of Cash Grant	59143408	AmountOfCashGrant

Form990 Schedule I Part IV Form990ScheduleIPartIV

Field	Value	IRS element (for citing)
Identifier	Other Information:	Identifier
Return Reference	Part IV:	ReturnReference
Explanation	The payment of the grants and scholarships are made to the student's record by a journal entry. The student's account is credited for the grant or scholarship which reduces the balance the student owes for tuition. The university's financial budget for grants or scholarships are charged in order to know the amount of grants or scholarship expense.	Explanation

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
First Class Or Charter Travel	X	FirstClassOrCharterTravel
Housing Allowance Or Residence	X	HousingAllowanceOrResidence
Club Dues Or Fees	X	ClubDuesOrFees
Written Policy Re T And E Expenses	0	WrittenPolicyReTAndEExpenses
Substantiation Required	1	SubstantiationRequired
Compensation Committee	X	CompensationCommittee
Independent Consultant	X	IndependentConsultant
Written Employment Contract	X	WrittenEmploymentContract
Board Or Committee Approval	X	BoardOrCommitteeApproval
Severance Payment	0	SeverancePayment
Supplemental Nonqual Retire Plan	1	SupplementalNonqualRetirePlan
Equity Based Comp Arrangement	0	EquityBasedCompArrangement
Comp Based On Revenue Of Filing Org	0	CompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related Orgs	0	CompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing Org	0	CompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate Orgs	1	CompBasedNetEarningsRelateOrgs
Any Non Fixed Payments	1	AnyNonFixedPayments
Initial Contract Exception	0	InitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII (19 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
458540	0	0	0	22764	0	50000	0	187974	0	719278	0	0	0
Ann Lloyd Breeden
168263	0	0	0	0	0	0	0	30353	0	198616	0	0	0
Stephen Allred
312454	0	0	0	-565	0	0	0	51278	0	363167	0	0	0
Hossein Sadid
143750	0	0	0	9953	0	0	0	13005	0	166708	0	0	0
Andrew Newcomb
245437	0	0	0	-7110	0	0	0	42486	0	280813	0	0	0
John Douglass
292417	0	0	0	6182	0	0	0	47690	0	346289	0	0	0
Kathryn Monday
196422	0	0	0	-1420	0	0	0	34350	0	229352	0	0	0
Lori Schuyler
165490	0	0	0	-6066	0	0	0	27108	0	186532	0	0	0
Srinivas Pulavarti
450384	0	226000	0	7931	0	75000	0	67453	0	826768	0	0	0
Stephen Bisese
196310	0	0	0	-6802	0	0	0	37477	0	226985	0	0	0
Anne Tessier
187505	0	0	0	-1685	0	0	0	33890	0	219710	0	0	0
Christopher Mooney
402818	0	0	0	14854	0	0	0	41247	0	458919	0	0	0
Michael London
282500	0	125000	0	68867	0	0	0	42800	0	519167	0	0	0
Patrick Fishe
210333	0	0	0	66643	0	0	0	43787	0	320763	0	0	0
Robin Blandford
235233	0	117000	0	-2812	0	0	0	40883	0	390304	0	0	0
Thomas Gutenberger
277005	0	0	0	104915	0	0	0	47897	0	429817	0	0	0
Herbert C Peterson
145356	0	0	0	19982	0	0	0	46271	0	211609	0	0	0
Carolyn Martin
163197	0	0	0	-3566	0	0	0	32208	0	191839	0	0	0
William E Cooper
254705	0	0	0	-4050	0	0	0	61274	0	311929	0	0	0

Form990 Schedule J Part III Form990ScheduleJPartIII (5 entries)

Return ReferenceReturnReference	ExplanationExplanation
Part I, Line 1a	The football and men's basketball coaches occasionally travel with their teams by charter airplane for scheduled competitions. The University of Richmond requires the President to live on campus in a house that is provided by the University of Richmond. Club membership dues are paid on behalf of three University employees, where club membership is an important factor in the performance of the employee's job duties and responsibilities.
Part I, Line 1b	The University has a policy regarding payment of expenses. All expenses must be accounted for with documentation, such as invoices and receipts, and be approved by a supervisor. The University does not have a written policy that details when a sports team is allowed to charter an airplane or when an employee club membership is paid or reimbursed by the University.
Part I, Line 4a	Edward Ayers had $50,000 deferred in a 457 F plan.
Part I, Line 6	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 2009 Srinivas Pulavarti received $434,299 equity distribution and Robin Blandford received $337,789 equity distribution.
Part I, Line 7	Football coach, Michael London, received a bonus in the amount of $125,000 for leading the football team to victory in the FSC Championship game.

Schedule K IRS990ScheduleK

Form990 Schedule K Part I Form990ScheduleKPartI (5 entries)

Issuer EINIssuerEIN	CUSIP NumberCUSIPNumber	Date IssuedDateIssued	Issue PriceIssuePrice	Description Of PurposeDescriptionOfPurpose	DefeasedDefeased	On Behalf Of IssuerOnBehalfOfIssuer
Virginia College building Authority
541249154	927781Nd2	2009-02-26	45085000	Construct Stadium and 2 Educational Buildings	0	0
Virginia College building Authority
541249154	9277803u8	2004-08-08	15069000	refund prior issue	0	0
Virginia College building Authority
541249154	9277803u8	2004-08-08	30931000	construct science building and forum	0	0
Virginia College building Authority
541249154	927781cr3	2006-11-08	38070000	refund prior issue	0	0
Virginia College building Authority
541249154	927781cr3	2006-11-08	17830000	construct dorm & boller plant	0	0

Form990 Schedule K Part II Form990ScheduleKPartII (5 entries)

Total ProceedsTotalProceeds	Amount UnspentAmountUnspent	Issuance Costs From ProceedsIssuanceCostsFromProceeds	Capital ExpendituresCapitalExpenditures	Year Of Subst CompletionYearOfSubstCompletion	Current RefundingCurrentRefunding	Final Allocation MadeFinalAllocationMade	Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind
45659587	11059302	265225	34149097	2011	0	1	1
15069000		68837		1996	1	1	1
31128038		141299	30894900	2006	0	1	1
38070000		170000		1997	1	1	1
18447484		81262	18366634	2009	0	1	1

Form990 Schedule K Part III Form990ScheduleKPartIII (5 entries)

Any Research AgreementsAnyResearchAgreements	Bond Counsel Routinely EngagedBondCounselRoutinelyEngaged	Post Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs	Percentage Of Prvt Business Re UBIPercentageOfPrvtBusinessReUBI	Total Private Business UseTotalPrivateBusinessUse
1	1	1
0	1	1
1	1	1
1	1	1	0.03740	0.03740
1	1	1	0.00590	0.00590

Form990 Schedule K Part IV Form990ScheduleKPartIV (5 entries)

Form8038 T FiledForm8038TFiled	Variable Rate IssueVariableRateIssue	Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds	Gross Proceeds Invested In GICGrossProceedsInvestedInGIC	Gross Proceeds InvestedGrossProceedsInvested	Exception To RebateExceptionToRebate
0	1	0	0	0	1
0	1	0	0	0	1
0	1	0	0	0	1
0	1	0	0	0	1
0	1	0	0	0	1

Schedule K IRS990ScheduleK

Form990 Schedule K Part I Form990ScheduleKPartI

Issuer Name IssuerName

Field	Value	IRS element (for citing)
Business Name Line1	Virginia College building Authority	BusinessNameLine1

Field	Value	IRS element (for citing)
Issuer EIN	541249154	IssuerEIN
CUSIP Number	927781ne0	CUSIPNumber
Date Issued	2009-02-26	DateIssued
Issue Price	29615000	IssuePrice
Description Of Purpose	refund prior issue	DescriptionOfPurpose
Defeased	0	Defeased
On Behalf Of Issuer	0	OnBehalfOfIssuer

Form990 Schedule K Part II Form990ScheduleKPartII

Field	Value	IRS element (for citing)
Total Proceeds	29615000	TotalProceeds
Issuance Costs From Proceeds	175935	IssuanceCostsFromProceeds
Year Of Subst Completion	2006	YearOfSubstCompletion
Current Refunding	1	CurrentRefunding
Advance Refunding	0	AdvanceRefunding
Final Allocation Made	1	FinalAllocationMade
Adequate Books And Recds Maintaind	1	AdequateBooksAndRecdsMaintaind

Form990 Schedule K Part III Form990ScheduleKPartIII

Field	Value	IRS element (for citing)
Owning Bond Financed Property	0	OwningBondFinancedProperty
Any Lease Arrangements	0	AnyLeaseArrangements
Mngment Cntrct Bond Financd Prprty	0	MngmentCntrctBondFinancdPrprty
Any Research Agreements	1	AnyResearchAgreements
Bond Counsel Routinely Engaged	1	BondCounselRoutinelyEngaged
Percentage Of Prvt Business Re UBI	0.00390	PercentageOfPrvtBusinessReUBI
Total Private Business Use	0.00390	TotalPrivateBusinessUse
Post Issuance Compliance Procdrs	1	PostIssuanceComplianceProcdrs

Form990 Schedule K Part IV Form990ScheduleKPartIV

Field	Value	IRS element (for citing)
Form8038 T Filed	0	Form8038TFiled
Variable Rate Issue	1	VariableRateIssue
Hedge Identified In Books And Recds	0	HedgeIdentifiedInBooksAndRecds
Gross Proceeds Invested In GIC	0	GrossProceedsInvestedInGIC
Gross Proceeds Invested	0	GrossProceedsInvested
Exception To Rebate	1	ExceptionToRebate

Schedule L IRS990ScheduleL

Loan Table LoanTable

Field	Value	IRS element (for citing)
Name Person	Kathryn Monday	NamePerson
Purpose Of Loan	Housing	PurposeOfLoan
Loan From Organization	X	LoanFromOrganization
Original Principal	$120,000	OriginalPrincipalAmount
Balance Due	75590	BalanceDue
Default	0	Default
Approved By Board	0	ApprovedByBoard
Written Agreement	1	WrittenAgreement

Field	Value	IRS element (for citing)
Total Balance Due	75590	TotalBalanceDue

Form990 Schedule L Part IV Form990ScheduleLPartIV (10 entries)

RelationshipRelationship	Amount Of TransactionAmountOfTransaction	Description Of TransactionDescriptionOfTransaction	Sharing Of RevenuesSharingOfRevenues
Nathaniel B Ayers
family member of Edward L. Ayers, officer & trustee	36420	Compensation and benefits paid as employee of the University	0
Property Investment Advisors Inc
entity more than 35% owned by R. Lewis Boggs,trustee	1059952	Investment Management Services to the University and a related organization of the University	0
Wilton Companies
entity for which Richard S. Johnson, trustee, serves as an officer	145171	Lease of office space by the University	0
Bruce Heilman
family member of Terry Heilman Sylvester, trustee	80648	Compensation in the form of housing and related services paid to Bruce Heilman as Chancellor of the University	0
Philip Morris USA
Michael E. Szymanczyk,trustee,serves as officer of the parent corp of PMUSA	3011998	Related organization of the University leases office space to Philip Morris USA	0
1607 Capital Partners
entity more than 35% owned by Fred T. Tattersall, trustee	325926	Investment Management Services to a related organization of the university.	0
Welsh Carson Anderson & Stowe
Entity for which Paul B. Queally, former trustee, serves as an officer	319426	Investment Management Services to the University and to a related organization of the University	0
Marianne Peterson
Family member of Herbert Peterson, officer	21775	Compensation and benefits paid as employee of the University	0
Lindsey J Lowe
family member of Richard S. Johnson, trustee	2312	Compensation paid as student employee of the organization.	0
Fortress Investment Group LLC
entity for which George W. Wellde, Jr.,trustee,serves as an indep. director	128696	Investment management services to the University.	0

Schedule M IRS990ScheduleM

Works Of Art WorksOfArt

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Number Of Contributions	3	NumberOfContributions

Securities Publicly Traded SecuritiesPubliclyTraded

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Number Of Contributions	31	NumberOfContributions
Noncash Contribs Rptd F990	953832	NoncashContribsRptdF990
Method Of Determining Revenues	Market quotation	MethodOfDeterminingRevenues

Field	Value	IRS element (for citing)
Any Property That Must Be Held	0	AnyPropertyThatMustBeHeld
Review Process Unusual NC Gifts	1	ReviewProcessUnusualNCGifts
Third Parties Used	0	ThirdPartiesUsed

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (6 entries)

IdentifierIdentifier	ExplanationExplanation	Return ReferenceReturnReference
Form 990, Part VI, Section A, line 4	The University revised its bylaws in February 2010. In making the revisions, the University considered applicable Virginia law and best practices for non-profit organizations, in general, and for peer institutions. The revisions included the following: introducing an explicit, but not exhaustive list of the powers and duties of the Board of Trustees; setting a minimum number of Trustees; clarifying the term of service for trustees and defining "good cause" for removing a trustee; clarifying the roles and responsibilities of board committees; clarifying the process for appointing and removing officers; and specifying the duties of the Vice President for Business and Finance/Treasurer.
Form 990, Part VI, Section B, line 11	Form 990, Part VI, Section 11A: The 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 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 990 and respond to any questions that the President, Rector, Vice Rector or Committee Chairs had regarding the return. Following that meeting, an electronic version of the 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 990 with the members of the Board of Trustees and to respond to any questions. All of this occurred prior to filing the 990 with the Internal Revenue Service.
Form 990, Part VI, Section B, line 12c	The University of Richmond 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 of the Board of Trustees, 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.
Form 990, Part VI, Section B, line 15	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 Compensation Committee is also responsible for reviewing and approving the President's recommendations regarding the compensation of his direct reports. The members of the Compensation Committee are the Rector and Vice Rector of the University and, for the tax year ending June 30, 2010, 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 who, relying on compensation data for similarly qualified persons in functionally comparable positions at similarly situated organizations, has opined on the reasonableness of the President's compensation. The Compensation Committee also 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. In conducting this 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.
Form 990, Part VI, Section C, 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.
Form 990, Part I, line 1	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, and responsible leadership in a global and pluralistic society." Specifically, the plan pledges that the university will dedicate itself to five major goals: (1) Integrated Academics: The university is redesigning the curriculum to make accessible the full range of curricular offerings across the schools, including a guarantee that all undergraduate students may take at least one upper-division course in two schools outside the school of their major. The university has revised its undergraduate first-year experience, general education framework, and upper-division curricular opportunities consistent with an integrated academic enterprise. A faculty development initiative offers increased support for interdisciplinary teaching and scholarship, making Richmond the destination of choice for the highest quality faculty. (2) Inclusive Diversity: The university seeks to ensure an inclusive campus environment that welcomes people from diverse backgrounds, encourages the exchange of ideas from various perspectives, promotes open social and academic interaction, promises full access to facilities and programs, and educates against intolerance and exclusion. The university will recruit, retain, and graduate substantially more students from underrepresented minorities to strengthen the learning environment and expand Richmond's reach. The university also will recruit and retain faculty, staff, and senior managers from underrepresented minorities to attain the critical mass needed for a diverse community. The university will be strengthened intellectually and socially by the range of knowledge, opinion, belief, political perspective, and background of its members, whether of race, ethnicity, gender, sexual orientation, ability status, age, religious, economic, or geographic origin. Students will therefore be better prepared to contribute to a diverse and global society. To that end, the university has adopted a Non-Discrimination Statement: "Every university staff member, faculty member and student has the right to work and study in an environment free from discrimination and harassment and should be treated with dignity and respect. The university prohibits discrimination and harassment against applicants, students, faculty or staff on the basis of race, religion, national or ethnic origin, age, sex, sexual orientation, disability, status as a veteran or any classification protected by local, state or federal law." (3) Accessibility and Affordability: The university will be accessible and affordable for students who can most benefit from, and contribute to, the educational environment. Richmond will invest in making the university more affordable for low-income and modest-income students and in making its pricing policies and costs to families transparent and understandable, so as to increase the number of students from families in those categories. The university does not consider ability to pay in making admission decisions; rather it admits students based on qualifications. It continues to pledge that it will meet 100 percent of the demonstrated financial need of any admitted American student. It also has limited any student's need-based loan burden to no more than $4,000 a year, while offering a full tuition, room and board scholarship to any admitted Virginia student whose family income is $40,000 a year or less. The university provides some $60 million a year in financial aid to more than 60 percent of its students. (4) Community Engagement: The university will be intentionally engaged with the city of Richmond and the wider region. Community engagement will be both a method to inspire students within a civic-minded campus culture and a means to share the intellectual capital and skills of faculty, staff, students, and alumni with the larger community. In turn, the University will be enhanced by greater connections to the city and region. The university has a long and proud history of community engagement, much of it at the grass-roots level, that has transformed students and the community at large. Yet significant opportunities exist for the university to increase that impact by being more focused, more strategic, and more coordinated in its community engagement efforts. Its goal is to increase integration, intentionality, and impact. The Richmond Promise sets three goals to improve the university's civic engagement efforts: expanding the organizational culture of community engagement, focusing resources on limited numbers of community needs, and centralizing leadership and support for community engagement. An example of this engagement is the establishment of UR Downtown, a satellite campus providing a venue for interaction and service learning between university and community. (5) Distinctive Experience: The university is known for its commitment to a personal, well-rounded student experience. Its optimal size and residential nature provide the foundation for further linking academic endeavors with other student activities. The strategic plan outlines three goals to enhance the overall student experience. The first is to further integrate academics with co-curricular programs. The second is to strengthen the university's sense of community by promoting student pride and school spirit. The third is to prepare students to become successful and active alumni with lifelong connections to the university.	Mission Statement - continuation

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
Richmond Quadrangle LLC
201 Maryland Hall	Richmond	VA	23173	540505965	owns and operates land and building	VA	2466769	29997537
Spider Management Company LLC
201 Maryland Hall	Richmond	VA	23173	261501416	Investment, research, advice, counsel and management of endowment assset	VA	3288821	599631

Form990 Schedule R Part II Form990ScheduleRPartII (2 entries)

Address Line1AddressUS/AddressLine1	CityAddressUS/City	StateAddressUS/State	ZIP CodeAddressUS/ZIPCode	EINEIN	Primary ActivitiesPrimaryActivities	Legal Domicile StateLegalDomicileState	Exempt Code SectionExemptCodeSection	Public Charity StatusPublicCharityStatus
University of Richmond Alumni Assoc Inc
28 Westhampton Way	richmond	VA	23173	541336450	organization of alumni events	VA	501(c)(3)	Line 7
UNIVERSITY OF RICHmond Law School Association
28 Westhampton Way	richmond	VA	23173	540854846	organization of alumni events	VA	501(c)(3)	Sch A not required

Form990 Schedule R Part III Form990ScheduleRPartIII (7 entries)

Address Line1AddressUS/AddressLine1	CityAddressUS/City	StateAddressUS/State	ZIP CodeAddressUS/ZIPCode	EINEIN	Primary ActivityPrimaryActivity	Legal Domicile StateLegalDomicileState	Predominant Income TypePredominantIncomeType	Share Of Total IncomeShareOfTotalIncome	Share Of EOY AssetsShareOfEOYAssets	Disproportionate AllocationsDisproportionateAllocations	General Or Managing PartnerGeneralOrManagingPartner
Property Holdings LLC
201 Maryland Hall	richmond	VA	23173	541738291	real estate loans	VA	investment	1065914	18979041	1	0
Property Holdings II LLC
201 Maryland Hall	richmond	VA	23173	550793239	real estate loans	VA	investment	-10196	71927	1	0
Property Holdings III LLC
201 Maryland Hall	richmond	VA	23173	651229396	real estate loans	VA	investment	-3223512	9366720	0	0
ROR Partnership
201 Maryland Hall	richmond	VA	23173	261761403	investment management	VA	investment	-446511	1575912133	0	0
The Richmond Fund LP
6806 Paragon Place Suite 290	richmond	VA	23230	261501561	investment management	VA	investment			0	0
The Richmond Fund Management Company LLC
6806 Paragon Place Suite 290	richmond	VA	23230	261501524	investment management	VA	investment	4533413	2440611	0	0
Richmond private Equity Holdings LLC
2711 Centerville Rd Ste400	Wilmington	DE	19808	264523065	investment management	DE	Investment			0	0

Form990 Schedule R Part IV Form990ScheduleRPartIV

Name Of Related Org NameOfRelatedOrg

Field	Value	IRS element (for citing)
Business Name Line1	UR Holdings Inc	BusinessNameLine1

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	201 Maryland Hall	AddressLine1
City	Richmond	City
State	VA	State
ZIP Code	23173	ZIPCode

Field	Value	IRS element (for citing)
EIN	264523465	EIN
Primary Activity	Investment	PrimaryActivity
Legal Domicile State	VA	LegalDomicileState
Type Of Entity	C	TypeOfEntity
Share Of Total Income	-63	ShareOfTotalIncome
Share Of EOY Assets	-256	ShareOfEOYAssets
Percentage Ownership	1.00000	PercentageOwnership

Field	Value	IRS element (for citing)
Receipt Of Int Ann Rents Royalties	0	ReceiptOfIntAnnRentsRoyalties
Gift Grant Or Cap Contr To Other Org	0	GiftGrantOrCapContrToOtherOrg
Gift Grant Or Cap Contr Fr Other Org	0	GiftGrantOrCapContrFrOtherOrg
Loans Or Guarantees To Other Org	0	LoansOrGuaranteesToOtherOrg
Loans Or Guarantees From Other Org	0	LoansOrGuaranteesFromOtherOrg
Sale Of Assets To Other Org	0	SaleOfAssetsToOtherOrg
Purchase Of Assets From Other Org	0	PurchaseOfAssetsFromOtherOrg
Exchange Of Assets	0	ExchangeOfAssets
Rental Of Facilities To Other Orgs	0	RentalOfFacilitiesToOtherOrgs
Rental Of Facilities Fr Other Orgs	0	RentalOfFacilitiesFrOtherOrgs
Perform Of Services For Other Orgs	1	PerformOfServicesForOtherOrgs
Perform Of Services By Other Orgs	0	PerformOfServicesByOtherOrgs
Sharing Of Facilities	1	SharingOfFacilities
Sharing Of Paid Employees	0	SharingOfPaidEmployees
Reimbursement Paid To Other Org	0	ReimbursementPaidToOtherOrg
Reimbursement Paid By Other Org	0	ReimbursementPaidByOtherOrg
Other Transfer To Other Org	1	OtherTransferToOtherOrg
Other Transfer From Other Org	0	OtherTransferFromOtherOrg

Transactions Related Orgs Table TransactionsRelatedOrgsTable (6 entries)

Transaction TypeTransactionType	Amount InvolvedAmountInvolved
University of Richmond Alumni Assoc Inc
K	125685
University of Richmond Alumni Assoc Inc
M	0
University of Richmond Alumni Assoc Inc
Q	125685
University of Richmond Law school Alumni Association
K	23101
University of Richmond Law school Alumni Association
M	0
University of Richmond Law school Alumni Association
Q	23101