2025-03-19T19:38:02-04:00 2024-06-30 PwC US Tax LLP 2001 MARKET ST SUITE 1800 PHILADELPHIA PA 19103 990 2023-07-01 135562314 PACE UNIVERSITY % ROBERT C ALMON PACE 9149232402 ONE PACE PLAZA NEW YORK NY 100381598 JOSEPH CAPPARELLI VP FIN, CNTRLLR, CCO 9149232402 2025-03-18 true true SAPNA P VASU P00545692 2673303000 2025-03-12 2023 2025-03-06 01:10:19Z MARVIN KRISLOV ONE PACE PLAZA NEW YORK NY 100381598 830254133 false X WWW.PACE.EDU X 1906 NY PACE UNIVERSITY CONSIDERS TEACHING AND LEARNING ITS PRIORITY. PACE IS COMMITTED TO THE NEEDS OF ITS QUALIFIED AND DIVERSE STUDENT POPULATION. 36 34 5149 1442 112136 0 53074917 38077053 615166283 647121351 12209697 19640250 2131689 2849536 682582586 707688190 224885069 234995444 0 0 225260628 240587923 469571 532159 7600257 187528073 207176499 638143341 683292025 44439245 24396165 1300057209 1406912201 837516531 897979934 462540678 508932267 X PACE UNIVERSITY EDUCATES STUDENTS TO BE "THINKING PROFESSIONALS", HIGHLY SOUGHT AFTER AS INNOVATORS AND SUCCESSFUL LEADERS WHO POSITIVELY IMPACT TWENTY-FIRST CENTURY SOCIETY. false false 155759168 0 562132713 INSTRUCTIONAL - TO PROVIDE PERSONNEL, SUPPLIES, EQUIPMENT AND OTHER MATERIALS FOR THE INSTRUCTION OF FULL AND PART-TIME GRADUATE AND UNDERGRADUATE STUDENTS. 234995444 234995444 0 SCHOLARSHIPS - TO PROVIDE STUDENTS WITH ACADEMIC AND/OR NEED-BASED TUITION ASSISTANCE. 95829709 0 76552895 AUXILIARIES - TO MEET NON-INSTRUCTIONAL NEEDS OF STUDENTS SUCH AS DORMS AND CAFETERIA SERVICES. 67009949 0 6248211 ACADEMIC SUPPORT 46075769 0 2187532 STUDENT SERVICES 3511080 0 0 RESEARCH 116596798 0 8435743 603181119 true true false true false false false true false true true true false true true true true false true true true false false true true false false false true true true false true false false false false false false true true true true false false false true true true false false true 561 0 true 5149 true true true false false false false true true false false false false false false X 36 34 false false false false false false false true true false false true true true true true true true true false NY X ROBERT C ALMON 2123461227 100 SUMMIT LAKE DR 3RD FL VALHALLA NY 10595 MARVIN KRISLOV TRUSTEE, PRESIDENT 40.0 0.0 X X 711748 0 404000 JOSEPH FRANCO PROVOST, EVP ACADEMIC AFFAIRS 40.0 0.0 X 422830 0 72901 ROBERT C ALMON EVP & CFO 40.0 0.0 X 429837 0 65824 JOSEPH MORREALE PROFESSOR 40.0 0.0 X 457218 0 35335 JOSEPH A CAPPARELLI VP FIN, CONTROLLER & CCO 40.0 0.0 X 381124 0 78410 LAWRENCE SINGLETON DEAN, LUBIN SCHOOL OF BUSINESS 40.0 0.0 X 374984 0 83037 HORACE ANDERSON DEAN, SCHOOL OF LAW 40.0 0.0 X 369759 0 83997 JONATHAN HILL DEAN, SEIDENBERG SCHOOL 40.0 0.0 X 310809 0 133888 GARY LAERMER VP DEV & ALUM RLTNS 40.0 0.0 X 387267 0 49674 JOSEPH F RYAN PROFESSOR 40.0 0.0 X 367629 0 29435 BRIDGET CRAWFORD PROFESSOR 40.0 0.0 X 324546 0 66965 NICOLE THOMPSON SENIOR VP OPERATIONS 40.0 0.0 X 328205 0 60550 TRESMAINE GRIMES DEAN, DYSON,INTERIM DEAN SANDS 40.0 0.0 X 330029 0 48826 ROBINA C SCHEPP VP FOR ENROLLMENT & PLACEMENT 40.0 0.0 X 324559 0 48378 MARCUS TYE DEAN, COLLEGE OF HEALTH PROF 40.0 0.0 X 307267 0 64672 JASON CZARNEZKI PROFESSOR 40.0 0.0 X 319659 0 45388 LAUREN BIRNEY PROFESSOR 40.0 0.0 X 321693 0 39749 IBOLYA YOLAS VP UNIV FACILITIES & CAP PROJ 40.0 0.0 X 270938 0 58094 BETH GORDON VP IT AND CIO 40.0 0.0 X 265113 0 45201 CINDY HEILBERGER VP FOR CORPORATE SECRETARY 40.0 0.0 X 257320 0 50060 NIRA HERRMANN FORMER DEAN, DYSON COLLEGE 40.0 0.0 X 278201 0 25499 JEAN C GALLAGHER VP STRATEGIC INITIATIVES 40.0 0.0 X 223360 0 73293 LISA VALENTINO FRMR INTERIM VP/GC (10/1-4/30) 40.0 0.0 X 254854 0 38537 NILA BHAUMIK VP FOR HUMAN RESOURCES 40.0 0.0 X 263007 0 29780 RICHARD SCHLESINGER FRMR DEAN, DYSON COLLEGE 40.0 0.0 X 231443 0 54452 JEFFREY BARNETT VP STUDENT AFFR AND DEAN 40.0 0.0 X 214952 0 54965 LEILA FRANCHI FORMER VP FOR UNIV RELATIONS 40.0 0.0 X 203652 0 65633 BERNARD DUFRESNE INTERIM AVP, CDO THRU JUL 2023 40.0 0.0 X 198075 0 50119 SONIA SUCHDAY TRUSTEE, FT FACULTY MEMBER 40.0 0.0 X 198982 0 34026 SUSAN DONAHUE FRMR INTM, AVP HR TILL 9/21 40.0 0.0 X 163536 0 62614 THOMAS M BRADY TREASURER 40.0 0.0 X 204815 0 18998 TERRYL BROWN VP AND GENERAL COUNSEL 40.0 0.0 X 203214 0 13250 MARY BAGLIVO FORMER VP UNIV RELATIONS 40.0 0.0 X 157816 0 24462 HARRIET R FELDMAN FRMR DEAN, COLLEGE HEALTH PROF 40.0 0.0 X 126048 0 28847 STEPHANIE AKUNVABEY AVP, CDO AS OF AUG 2023 40.0 0.0 X 82526 0 28371 PETA-GAY CLARKE TRUSTEE 1.0 0.0 X 7864 0 0 PHOTEINE M 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1.0 0.0 X 0 0 0 SHAUN E SMITH TRUSTEE 1.0 0.0 X 0 0 0 LANA BAILEY-TAMARO TRUSTEE 1.0 0.0 X 0 0 0 EUGENE M TOBIN TRUSTEE 1.0 0.0 X 0 0 0 MARIE J TOULANTIS TRUSTEE 1.0 0.0 X 0 0 0 ROBERT TUCKER TRUSTEE 1.0 0.0 X 0 0 0 SUSAN S WALLACH TRUSTEE 1.0 0.0 X 0 0 0 RICHARD F ZANNINO TRUSTEE 1.0 0.0 X 0 0 0 DOV HOROWITZ TRUSTEE 1.0 0.0 X 0 0 0 8513399 0 1785945 584 true true false JRM CONSTRUCTION MANAGEMENT LLC 242 WEST 36TH STREET 9TH FL NEW YORK NY 10018 CONSTRUCTION 32264707 CHARTWELLS DINING SERVICE 303 CROSSWAYS PARK DRIVE WOODBURY NY 11797 FOOD SERVICES 15880133 COLLINS BUILDING SERVICES 24-01 44TH ROAD 15TH FL LONG ISLAND CITY NY 11101 CLEANING 12794681 ALLIED UNIVERSAL SECURITY SERVICES EIGHT TOWER BRIDGE 161 WASHINGTON CONSHOHOCKEN PA 19428 SECURITY 9071887 BBI BUILD LLC DBA BENCHMARK BUILDER 469 7TH AVENUE SUITE 501 5TH FL NEW YORK NY 10018 CONSTRUCTION 7564560 193 1762733 23122304 13192017 1001526 38077053 TUITION AND FEES 900099 569112209 569112209 DORMITORY RENTALS 900099 61279704 61279704 FOOD SERVICE REVENUE 900099 15273191 15273191 ACADEMIC ACTIVITIES 900099 1186222 1186222 BOOKSTORE COMMISSIONS 900099 190940 190940 79085 79085 647121351 7070489 112136 6958353 177101 177101 101339 101339 1055172 1019932 35240 0 35240 35240 133102081 34886 120744307 12357774 34886 12392660 12392660 544837 1762733 801704 -256867 -256867 0 0 0 0 0 0 0 0 CONFERENCE CENTER AND OTHER REVENUE 532310 2945103 2945103 FUNDS HELD BY TRUSTEES 900099 24721 24721 2969824 707688190 647121351 112136 22377650 0 234995444 234995444 0 0 8759897 2945288 5238168 576441 0 174103713 147466364 22710283 3927066 11469455 9714662 1496089 258704 33464322 28344380 4365123 754818 12790536 10555724 1921523 313289 0 664849 268336 396513 373170 373170 127101 127101 532159 532159 1180066 1180066 11866910 7445232 4217885 203793 3433553 3076570 356958 25 8797938 8003505 698023 96411 10367325 2746658 7307588 313079 0 100271910 87905434 12366476 3567919 3178643 332399 56877 0 797719 595297 177725 24697 8596397 7846436 749962 0 20316973 18409031 1907942 3385910 1751801 1634109 MEAL COSTS,STUDENT ACTIVITIES 14752581 14571477 138774 42330 EQUIPMENT REPAIR, SERVICES 3442439 3026579 415860 LIBRARY BOOKS PURCHASES 1246789 1246576 213 STUDENT RECRUITMENT 8527265 8527265 5459685 560418 4398700 500567 683292025 603181119 72510649 7600257 0 0 6301536 5905079 38710090 48100988 15585624 14242219 0 0 0 0 3507666 2572431 0 0 6252919 6621799 832577185 283864447 499685923 548712738 152992517 152238582 83975322 114818995 0 0 0 0 493045612 513699370 1300057209 1406912201 64193971 51244507 6460423 5368729 24702230 21759874 162233719 156850137 0 0 0 0 12886131 12059134 0 0 567040057 650697553 837516531 897979934 X 193968265 213026701 268572413 295905566 462540678 508932267 1300057209 1406912201 X 24396165 21824229 171195 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true false false false false true 127101 false true 523 127624 false SCHEDULE C, PART II-B, LINE 1G - LOBBYING ACTIVITIES LOBBYING IS NOT A SUBSTANTIAL PART OF PACE UNIVERSITY'S OVERALL BUDGET. PACE UNIVERSITY ENGAGES IN INSUBSTANTIAL LEGISLATIVE ADVOCACY AT THE FEDERAL LEVEL AND MODEST ACTIVITY AT THE NEW YORK STATE AND NEW YORK CITY LEVELS. THE UNIVERSITY'S LOBBYISTS OCCASIONALLY ADVOCATE FOR APPROPRIATIONS FOR PROGRAMS OF IMPORTANCE TO THE UNIVERSITY. PACE UNIVERSITY RECEIVES FUNDING FOR STUDENT AID FROM THE STATE OF NEW YORK AND THE FEDERAL GOVERNMENT. THE AMOUNT AND CONTINUATION OF THESE FUNDS ARE NOT GUARANTEED. THE MAJORITY OF THE UNIVERSITY'S EFFORTS ARE RELATED TO ACTIVITIES SUPPORTING STUDENT AID. THE UNIVERSITY HAS CONDUCTED MINIMAL LOBBYING ACTIVITIES RELATED TO HIGHER EDUCATION ISSUES, ISSUES THAT AFFECT PACE'S DAY TO DAY OPERATIONS, AND OTHER ISSUES RELATED TO OUR ORGANIZATIONAL MISSION. THE UNIVERSITY ALSO ENGAGES IN LEGISLATIVE ADVOCACY RELATING TO DOMESTIC RELATIONS ISSUES (IN CONNECTION WITH PACE'S WOMEN'S JUSTICE CENTER) AND ENVIRONMENTAL ISSUES (IN CONNECTION WITH PACE'S LAND USE LAW CENTER). SCHEDULE C, PART II-B, LINE 1I - OTHER LOBBYING ACTIVITIES UNIVERSITY STUDENTS PARTICIPATE IN ANNUAL LOBBY DAY ACTIVITIES ORGANIZED BY CICU (COMMISSION FOR INDEPENDENT COLLEGES AND UNIVERSITIES), DURING WHICH THE STUDENTS, ACCOMPANIED BY OUR REGISTERED LOBBYISTS, MEET WITH ELECTED OFFICIALS TO DISCUSS THE IMPORTANCE OF STATE FINANCIAL AID AND OTHER ISSUES. 652 3 X false 232404376 2321165 36207585 4504574 4330388 262098164 210436818 2254474 27317270 4034919 3569268 232404375 250615147 6347980 -25711021 3952685 16862603 210436818 193827052 14599339 64091011 3385180 18517075 250615147 193048642 3815808 8107993 3434014 7711377 193827052 0.05590 0.48860 0.45550 false true true 12453325 12453325 635943387 163731168 472212219 48402339 24191144 24211195 135008522 95942136 39066387 769612 769612 548712738 COMINGLED FUNDS 61844698 F ALT- INVESTMENTS- LONG/SHORT 7786287 F ALT- INVESTMENTS- LLP,LLC 45188010 F 114818995 FUNDS HELD BY BOND TRUSTEES 1688563 INVEST DESIGN FOR CONSTRUCTION 1605236 RIGHT OF USE ASSETS 510405571 513699370 0 LEASE LIABILITIES 612509552 ACCRUED PSTRETIRE. BEN. OBLG. 34974612 ASSET RETIREMENT OBLIGATION 3213389 650697553 X 495329740 21824229 171195 21995424 473334316 1180066 233173808 234353874 707688190 448938151 1821636 1821636 447116515 1180066 234995444 236175510 683292025 SCHEDULE D, PART III, LINE 3A - COLLECTION OF ART PACE UNIVERSITY HAS SEVERAL ART GALLERIES BETWEEN ITS PLEASANTVILLE AND NEW YORK CITY CAMPUSES THAT SERVE THE GENERAL STUDENT POPULATION WITH COURSES AND EXHIBITIONS. DONATED ARTWORK INCLUDES PHOTOGRAPHS, PAINTINGS AND SCULPTURES AND IS DISPLAYED ON VARIOUS INTERIOR AND EXTERIOR CAMPUS LOCATIONS AND IN SPECIAL EXHIBITIONS DESIGNED TO PROVIDE VISUAL LITERACY AS PART OF THE UNIVERSITY LEARNING EXPERIENCE. AS THE VALUE OF SUCH ART COLLECTIONS IS NOT MATERIAL TO THE UNIVERSITY AS A WHOLE, THE FOOTNOTES TO THE UNIVERSITY'S FINANCIAL STATEMENTS DO NOT INCLUDE RELATED TEXT. SCHEDULE D, PART V - INTENDED USES OF ENDOWMENT FUNDS THE UNIVERSITY'S ENDOWMENT CONSISTS OF APPROXIMATELY 465 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES, INCLUDING SUPPORT OF SCHOLARSHIPS, ACADEMIC PROGRAMS, ACADEMIC CHAIRS, STUDENT ACTIVITIES, RESEARCH, INSTITUTIONAL SUPPORT AND CAPITAL PROJECTS. OUR ENDOWMENT INCLUDES BOTH DONOR RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS (QUASI ENDOWMENTS). THE UNIVERSITY'S INVESTMENTS ARE MANAGED TO ACHIEVE THE MAXIMUM PRUDENT LONG TERM TOTAL RETURN. THE UNIVERSITY'S BOARD OF TRUSTEES HAS AUTHORIZED A POLICY DESIGNED TO PRESERVE THE VALUE OF THESE INVESTMENTS IN REAL TERMS (AFTER INFLATION) AND PROVIDE A PREDICTABLE FLOW OF FUNDS TO SUPPORT OPERATIONS. SCHEDULE D, PART IX - OTHER ASSETS THE BOARD OF TRUSTEES DESIGNATED FUNDS PRIMARILY FOR THE CONSTRUCTION OF A MASTER PLAN FOR THE CAMPUS LOCATED IN NEW YORK CITY. AS OF JUNE 30, 2024, THERE IS $1,605,236 IN INVESTMENTS DESIGNATED FOR CONSTRUCTION, ALL OF WHICH CONSISTS OF CASH AND CASH EQUIVALENTS. UNDER A NEW LEASE ACCOUNTING STANDARD, THE UNIVERSITY HAS ACCOUNTED FOR THE RIGHT OF USE ASSETS ON ITS BALANCE SHEET THAT ARISE FROM ITS LEASES. SCHEDULE D, PART X - OTHER LIABILITIES INCOME GENERATED THAT IS UNRELATED TO THE UNIVERSITY'S EXEMPT PURPOSE IS SUBJECT TO TAX. THE UNIVERSITY BELIEVES IT DID NOT HAVE ANY MATERIAL TAX LIABILITY NOR ANY SIGNIFICANT UNCERTAIN TAX POSITIONS FOR THE YEAR ENDING JUNE 30, 2024. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN REFLECTED IN THE UNIVERSITY'S FINANCIAL STATEMENTS. UNDER A NEW LEASE ACCOUNTING STANDARD, THE UNIVERSITY HAS ACCOUNTED FOR THE LEASE LIABILITIES ON ITS BALANCE SHEET THAT ARISE FROM ITS LEASES. SCH D, PART XI, LINE 2D-OTHER AMOUNTS INCLUDED IN BOOKS BUT NOT IN RETURN CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENT OF $171,195 SCH D, PART XI, LINE 4B-OTHER AMOUNTS INCLUDED IN RETURN BUT NOT IN BOOKS SCHOLARSHIPS OF $234,995,444 LESS SPECIAL EVENTS EXPENSE OF ($801,704) AND RENT EXPENSE ($1,019,932) SCH D, PART XII, LN 2D-OTHER EXPENSES INCLUDED IN BOOKS BUT NOT IN RETURN SPECIAL EVENTS EXPENSE OF $801,704 AND RENT EXPENSE OF $1,019,932 SCH D, PART XII, LN 4B-OTHER EXPENSES INCLUDED IN RETURN BUT NOT IN BOOKS SCHOLARSHIPS OF $234,995,444 true true true true true true true false false false false false false false false true false true SCH E, PART I, LN 3 NONDISCRIMINATORY POLICY-STUDENTS' SOLICITATION MTRLS THE ENROLLMENT MARKETING TEAM AND THE UNIVERSITY'S RELATIONS MARKETING TEAM ARE FULLY KNOWLEDGEABLE OF THE REQUIREMENTS OF THE UNIVERSITY'S RACIALLY NONDISCRIMINATORY POLICY AND ENSURE THAT APPROPRIATE POLICY LANGUAGE IS INCLUDED IN ALL PROMOTIONAL MATERIALS. SCHEDULE E, PART I, LINE 6A - FINANCIAL AID FROM GOVERNMENTAL AGENCIES THE UNIVERSITY PARTICIPATES IN STUDENT FINANCIAL AID PROGRAMS THROUGH THE U.S. DEPARTMENT OF EDUCATION (PELL GRANT PROGRAM, PERKINS LOAN PROGRAM, DIRECT LOAN PROGRAM, SUPPLEMENTAL EDUCATION OPPORTUNITY GRANT PROGRAM, FEDERAL WORK STUDY PROGRAM, AS WELL AS OTHER SMALLER PROGRAMS) AND U.S. DEPARTMENT OF HEALTH AND HUMAN SERVICES (NURSING STUDENT LOAN PROGRAM AND SCHOLARSHIPS FOR DISADVANTAGED STUDENTS). Central America and the Caribbean Program Services Conferences,Dues,Other 2500 East Asia and the Pacific Program Services Conferences,Dues,Other 7000 Europe (Including Iceland and Greenland) Program Services Conferences,Dues,Other 50346 Middle East and North Africa Program Services Conferences,Dues,Other 8439 Russia and the Newly Independent States Program Services Conferences,Dues,Other 15487 South Asia Program Services Conferences,Dues,Other 49386 East Asia and the Pacific 0 2 Program Services Recruitment 272878 Europe (Including Iceland and Greenland) 0 2 Program Services Recruitment 3438764 Middle East and North Africa 0 2 Program Services Recruitment 234303 North America Program Services Recruitment 3460 Russia and the Newly Independent States 0 1 Program Services Recruitment 2500 South America Program Services Recruitment 4406 South Asia 0 15 Program Services Recruitment 1527856 Sub-Saharan Africa 0 1 Program Services Recruitment 32967 Central America and the Caribbean Program Services Study Abroad 19550 Europe (Including Iceland and Greenland) Program Services Study Abroad 879938 South Asia Program Services Study Abroad 16500 0 23 0 23 6585469 6585469 true false true true true true X X X X X X X true Ruffalo Noel Levitz 1025 KIRKWOOD PARKWAY SW CEDAR RAPIDS IA 52404 Tele- FUNDRAIsing false 129755 351385 -221630 Stelter 10435 NEW YORK AVENUE Des Moines IA 50322 Strategy false 0 17424 -17424 Orr Group 3000 K STREETNW SUITE E280 Washington DC 20007 Consulting false 0 163350 -163350 129755 532159 -402404 AL AK AR CA CO CT DC FL GA HI IL KS KY LA ME MD MA MI MN MS MO MT NE NJ NM NY NC ND OH OK OR PA RI SC TN UT VT WA WI SOPA 1018871 786351 232520 0 1199 0 178935 84819 28326 PWJC-FALL 400887 256438 144449 0 0 0 2868 115000 101405 15 887811 719943 167868 0 14154 23299 149009 8486 94204 2307569 1762732 544837 0 15353 23299 330812 208305 223935 801704 -256867 true SCHOLARSHIPS 10688 234995444 BOOK TUITION REDUCTION MONITORING USE OF GRANT FUNDS IN THE US THE UNIVERSITY AWARDS FEDERAL AND STATE FINANCIAL AID FUNDS EACH YEAR BASED UPON A STUDENT'S FINANCIAL NEED. ADDITIONALLY, THE UNIVERSITY PROVIDES INSTITUTIONAL AID VIA UNIVERSITY GRANTS ON THE BASIS OF ACADEMIC ACHIEVEMENTS, FINANCIAL NEED, AND OTHER STANDARDS. THE OFFICE OF FINANCIAL AID VERIFIES THE ACADEMIC ACHIEVEMENTS AND THE PERSONAL INCOME DATA PROVIDED FOR ON THE FREE APPLICATION FOR FEDERAL STUDENT AID (FAFSA) OF EACH STUDENT TO DETERMINE THE AMOUNT OF AID AWARDED ON AN AS NEEDED BASIS. THE UNIVERSITY ALSO OFFERS SCHOLARSHIPS FUNDED THROUGH SPECIAL ENDOWMENTS AND DONATIONS, WHICH ARE AWARDED BASED ON SIMILAR STANDARDS AS WELL AS DONOR'S CRITERIA. THE OFFICES OF FINANCIAL AID AND FINANCE CONTINUOUSLY MONITOR STUDENT ELIGIBILITY FOR THESE AWARDS. X X X X true true X X X X X true true false false false false false false false MARVIN KRISLOV TRUSTEE, PRESIDENT 630519 0 79430 0 1799 0 64700 0 339300 0 1115748 0 0 0 ROBERT C ALMON EVP & CFO 425601 0 3000 0 1236 0 29700 0 36124 0 495661 0 0 0 LAWRENCE SINGLETON DEAN, LUBIN SCHOOL OF BUSINESS 371222 0 3000 0 762 0 29700 0 53337 0 458021 0 0 0 HORACE ANDERSON DEAN, SCHOOL OF LAW 366759 0 3000 0 0 0 29700 0 54297 0 453756 0 0 0 LAUREN BIRNEY PROFESSOR 318435 0 3000 0 258 0 20623 0 19126 0 361442 0 0 0 GARY LAERMER VP DEV & ALUM RLTNS 383265 0 3000 0 1002 0 29700 0 19974 0 436941 0 0 0 JOSEPH A CAPPARELLI VP FIN, CONTROLLER & CCO 330360 0 3000 0 47764 0 29700 0 48710 0 459534 0 0 0 JONATHAN HILL DEAN, SEIDENBERG SCHOOL 307809 0 3000 0 0 0 29262 0 104626 0 444697 0 0 0 BRIDGET CRAWFORD PROFESSOR 321546 0 3000 0 0 0 27791 0 39174 0 391511 0 0 0 TRESMAINE GRIMES DEAN, DYSON,INTERIM DEAN SANDS 326633 0 3000 0 396 0 29700 0 19126 0 378855 0 0 0 NIRA HERRMANN FORMER DEAN, DYSON COLLEGE 273215 0 3000 0 1986 0 24589 0 910 0 303700 0 0 0 ROBINA C SCHEPP VP FOR ENROLLMENT & PLACEMENT 320797 0 3000 0 762 0 29252 0 19126 0 372937 0 0 0 JASON CZARNEZKI PROFESSOR 316569 0 3000 0 90 0 26262 0 19126 0 365047 0 0 0 MARY BAGLIVO FORMER VP UNIV RELATIONS 154403 0 3000 0 413 0 14102 0 10360 0 182278 0 0 0 HARRIET R FELDMAN FRMR DEAN, COLLEGE HEALTH PROF 121984 0 3000 0 1064 0 15096 0 13751 0 154895 0 0 0 IBOLYA YOLAS VP UNIV FACILITIES & CAP PROJ 267680 0 3000 0 258 0 25063 0 33031 0 329032 0 0 0 RICHARD SCHLESINGER FRMR DEAN, DYSON COLLEGE 227207 0 3000 0 1236 0 21421 0 33031 0 285895 0 0 0 JEAN C GALLAGHER VP STRATEGIC INITIATIVES 219922 0 3000 0 438 0 21533 0 51760 0 296653 0 0 0 CINDY HEILBERGER VP FOR CORPORATE SECRETARY 253558 0 3000 0 762 0 30934 0 19126 0 307380 0 0 0 LEILA FRANCHI FORMER VP FOR UNIV RELATIONS 200256 0 3000 0 396 0 16923 0 48710 0 269285 0 0 0 THOMAS M BRADY TREASURER 200975 0 3000 0 840 0 18088 0 910 0 223813 0 0 0 MARCUS TYE DEAN, COLLEGE OF HEALTH PROF 304009 0 3000 0 258 0 28548 0 36124 0 371939 0 0 0 SUSAN DONAHUE FRMR INTM, AVP HR TILL 9/21 160278 0 3000 0 258 0 15750 0 46864 0 226150 0 0 0 SONIA SUCHDAY TRUSTEE, FT FACULTY MEMBER 195724 0 3000 0 258 0 16482 0 17544 0 233008 0 0 0 JOSEPH MORREALE PROFESSOR 188578 0 3000 0 265640 0 21251 0 14084 0 492553 0 0 0 NICOLE THOMPSON SENIOR VP OPERATIONS 314786 0 3000 0 10419 0 38688 0 21862 0 388755 0 0 0 JOSEPH FRANCO PROVOST, EVP ACADEMIC AFFAIRS 419434 0 3000 0 396 0 50725 0 22176 0 495731 0 0 0 BERNARD DUFRESNE INTERIM AVP, CDO THRU JUL 2023 194961 0 3000 0 114 0 15486 0 34633 0 248194 0 0 0 JEFFREY BARNETT VP STUDENT AFFR AND DEAN 207221 0 3000 0 4731 0 5906 0 49059 0 269917 0 0 0 NILA BHAUMIK VP FOR HUMAN RESOURCES 258211 0 3000 0 1796 0 23792 0 5988 0 292787 0 0 0 BETH GORDON VP IT AND CIO 261735 0 3000 0 378 0 23575 0 21626 0 310314 0 0 0 LISA VALENTINO FRMR INTERIM VP/GC (10/1-4/30) 251716 0 3000 0 138 0 21431 0 17106 0 293391 0 0 0 JOSEPH F RYAN PROFESSOR 155609 0 3000 0 209020 0 16684 0 12751 0 397064 0 0 0 TERRYL BROWN VP AND GENERAL COUNSEL 202950 0 0 0 264 0 0 0 13250 0 216464 0 0 0 HOURS, PART VII AND SCHEDULE J COMPENSATION TO FORMER OFFICERS AND FORMER KEY EMPLOYEES IS BASED ON THEIR RESPECTIVE FACULTY POSITION HELD AT PACE UNIVERSITY DURING THE CALENDAR YEAR 2023. THE AVERAGE HOURS PER WEEK FOR FULL FACULTY POSITION IS 40 HOURS. SCHEDULE J, PART I, LINE 1A AND 1B THE PRESIDENT'S EMPLOYMENT CONTRACT PROVIDES AS A CONDITION OF HIS EMPLOYMENT AS PRESIDENT, THAT HE RESIDE IN CLOSE PROXIMITY TO ITS NYC CAMPUS FOR THE BENEFITS AND CONVENIENCE OF THE UNIVERSITY IN HAVING THE FUNCTIONS OF THE OFFICE OF THE PRESIDENT EFFICIENTLY DISCHARGED. THE PRESIDENT'S CONTRACT FURTHER REQUIRES FOR THE CONVENIENCE OF THE UNIVERSITY THAT HIS RESIDENCE BE AVAILABLE AND SHALL BE USED, FOR THE UNIVERSITY-RELATED BUSINESS AND ENTERTAINMENT ON A REGULAR AND CONTINUING BASIS. IN ADDITION, THE PRESIDENT'S CONTRACT PROVIDES THAT THE UNIVERSITY SHALL PAY FOR ALL MAINTENANCE AND OPERATING EXPENSES, INCLUDING GENERAL MAINTENANCE, HOUSEKEEPING, AND ALL UTILITIES INCLUDING TELEPHONE, CABLE, INTERNET, ELECTRIC, GAS, AND WATER. IN ACCORDANCE WITH THE PRESIDENT'S CONTRACT, THE UNIVERSITY ALSO PAYS FOR THE PRESIDENT'S USE OF A RECENT MODEL AUTOMOBILE AND A FULL TIME DRIVER TO ASSIST HIM IN IMPLEMENTING HIS DUTIES ON BEHALF OF THE UNIVERSITY, AS WELL AS ANNUAL DUES AND MEMBERSHIP FEES FOR SOCIAL CLUBS TO FACILITATE THE PRESIDENT'S FUNDRAISING, DEVELOPMENT AND RECRUITING EFFORTS ON BEHALF OF THE UNIVERSITY. THESE COSTS ARE TREATED AS NONTAXABLE BENEFITS TO THE PRESIDENT. SHORT TERM HOUSING ALLOWANCES ARE OCCASIONALLY PROVIDED PER INITIAL HIRING AGREEMENTS AND ARE TREATED AS TAXABLE COMPENSATION. CHAUFFEUR SERVICES ARE PROVIDED PER EMPLOYMENT CONTRACTS FOR UNIVERSITY BUSINESS; ANY PERSONAL TRAVEL EXPENSES ARE TREATED AS TAXABLE COMPENSATION TO THE RESPECTIVE OFFICER. SOCIAL CLUB DUES ARE PAID IN ACCORDANCE WITH INDIVIDUAL EMPLOYMENT CONTRACTS OR BUSINESS CONSIDERATIONS. SCHEDULE J, PART I, LINE 4A A SEVERANCE PAYMENT OF $265,640 WAS MADE DURING THE REPORTING PERIOD TO JOSEPH MORREALE. A SEVERANCE PAYMENT OF $207,956 WAS MADE DURING THE REPORTING PERIOD TO JOSEPH RYAN. THESE AMOUNTS ARE INCLUDED IN SCHEDULE J, PART II, COLUMN (B)(III). SCHEDULE J, PART I, LINE 4B TERMS & CONDITIONS OF SUPPLEMENTAL RETIREMENT PLAN AND PAYMENT FOR 2023: DURING 2022, THE UNIVERSITY ENTERED INTO A DEFERRED COMPENSATION AGREEMENT WITH THE PRESIDENT. UNDER THE PLAN, THE ORGANIZATION DEPOSITED $35,000 TO THE PRESIDENT'S DEFERRED COMPENSATION ACCOUNT EACH JUNE 30TH FROM JUNE 30, 2023 THROUGH JUNE 30, 2027. SUCH AMOUNTS VEST OVER THE COURSE OF THE AGREEMENT SO LONG AS THE PRESIDENT REMAINS CONTINUOUSLY EMPLOYED BY THE UNIVERSITY THROUGH JUNE 30, 2027. FOR CALENDAR YEAR 2023, THE RATABLE ACCRUAL OF $35,000 IS INCLUDED IN SCHEDULE J, PART II, COLUMN (C). A DORMITORY AUTHORITY OF THE STATE OF NEW YORK 146000293 649907JB9 2013-03-07 104775845 REFUND A PORTION OF THE OUTSTANDIN true false false B WESTCHESTER COUNTY LOCAL DEVELOPMENT 455135578 95737TBD7 2014-04-03 99996810 FINANCE UNIVERSITY CONSTRUCTION false false false A 41625000 685000 105306750 0 0 0 957351 0 0 33310261 70752695 0 2016 true false false true B 0 0 100164469 0 5970794 0 1967779 0 0 92225896 0 0 2018 false false true true A false false true true true true 0.00000 0.00000 0.00000 false true 0.25200 true true B false false true true true true 0.00000 0.00000 0.00000 false false false false A false true false false 0 false 0 true true B false false true false 0 false 0 false true A true B true SCHEDULE K, PART I, LINE A, COLUMN(F) THE 2013 BONDS WERE ISSUED TO REFUND BONDS ISSUED ON BEHALF OF THE UNIVERSITY ON JUNE 1, 2005, WHICH 2005 BONDS IN TURN REFUNDED BONDS ISSUED IN 1997 AND 2000. THE 2013 BONDS WERE ALSO USED TO FINANCE CERTAIN UNIVERSITY NEW MONEY PROJECTS. SCHEDULE K, PART II, LINE 3 BONDS PROCEEDS AND CURRENT VALUES TOTAL PROCEEDS OF ISSUE COLUMN A FOR THE DORMITORY AUTHORITY OF THE STATE OF NEW YORK BOND (DASNY) 2013A-- THE AMOUNT ON LINE 3 REPRESENTS ORIGINAL ISSUE PRICE OF $104,775,845 (INCLUDING $95,840,000 OF PRINCIPAL AND $8,935,845 OF PREMIUM) AND ACCUMULATED EARNINGS ON THE RELATED CONSTRUCTION FUND THROUGH JUNE 30, 2024 OF $530,905. THE OUTSTANDING PRINCIPAL IS $53,530,000 AS OF JUNE 30, 2024. FOR THE YEAR ENDED JUNE 30, 2016, THE UNIVERSITY SOLD A PROPERTY PARTIALLY FUNDED BY CERTAIN PROCEEDS OF THE DASNY BOND ISSUE. AS A RESULT, THE UNIVERSITY INITIATED A LEGAL DEFEASANCE WHERE $1,570,000 OF THE OUTSTANDING DASNY SERIES 2013A (TAX EXEMPT) BONDS AND RELATED INTEREST COSTS OF $397,391 WERE PLACED IN ESCROW IN ORDER TO PAY THE BOND HOLDERS THE AMOUNT REQUIRED TO TAKE REMEDIAL ACTION. THE DEFEASANCE RESULTED IN THE UNIVERSITY'S LEGAL RELEASE OF $1,570,000 OF THE BOND OBLIGATION. THE ONLY BONDS ALLOCABLE TO THE PROPERTY SOLD WERE THOSE ISSUED TO REFINANCE BONDS ORIGINALLY ISSUED PRIOR TO 2003. DASNY AND THE UNIVERSITY TOOK A REMEDIAL ACTION IN ACCORDANCE WITH SECTIONS 1.141-12 AND 1.145-2 OF THE REGULATIONS. FOR THE YEAR ENDED JUNE 30, 2017, THE UNIVERSITY SOLD A PROPERTY PARTIALLY FUNDED BY CERTAIN PROCEEDS OF THE DASNY BOND ISSUE. EXCEPT FOR AN AMOUNT THAT IS LESS THAN 1 PERCENT OF THE 2013 BONDS, THE 2013 BONDS ALLOCABLE TO THE PROPERTY SOLD WERE THOSE ISSUED TO REFINANCE BONDS ORIGINALLY ISSUED PRIOR TO 2003. DASNY AND THE UNIVERSITY TOOK AN 'ALTERNATIVE USE OF DISPOSITION PROCEEDS" REMEDIAL ACTION IN ACCORDANCE WITH SECTIONS 1.141-12 AND 1.145-2 OF REGULATIONS. COLUMN B FOR THE WESTCHESTER COUNTY LOCAL DEVELOPMENT CORPORATION BOND 2014A AND B THE AMOUNT ON LINE 3 REPRESENTS ORIGINAL ISSUE PRICE OF $100,590,000 LESS THE ORIGINAL DISCOUNT OF $593,190 PLUS THE ACCUMULATED EARNINGS OF $167,659. THE OUTSTANDING PRINCIPAL IS $100,590,000 AS OF JUNE 30, 2024. SCHEDULE K, PART II, LINE 7 - ISSUANCE COSTS FROM PROCEEDS THE AMOUNT IN LINE 7 IN COLUMNS A AND B REPRESENT COSTS OF ISSUANCE SUBJECT TO THE TWO PERCENT LIMIT OF CODE SECTION 147(G). SCHEDULE K, PART II, LINE 13 - YEAR OF SUBSTANTIAL COMPLETION COLUMN A - THE SERIES 2013A DORMITORY AUTHORITY OF THE STATE OF NEW YORK BONDS WERE ISSUED AS MULTIPURPOSE BONDS IN ACCORDANCE WITH THE PROVISIONS OF SECTION 1.148-9(H) OF THE TREASURY REGULATIONS, PARTLY FOR THE PURPOSE OF REFUNDING THE 2005A BONDS, ORIGINALLY ISSUED PRIOR TO THE EFFECTIVE DATE OF PART III (REFUNDING PORTION), AS WELL AS FOR THE PURPOSE OF PROVIDING FUNDING FOR NEW CAPITAL PROJECTS (NEW MONEY). PART III IS THEREFORE ONLY COMPLETED FOR THE NEW MONEY EXCEPT FOR PART 3, LINE 8 WHICH IS COMPLETED FOR BOTH. THE COMPLETION DATE IN PART II, LINE 13, AND THE "NO" ANSWER TO LINE 16, REFERS TO THE NEW MONEY PORTION. SCHEDULE K, PART II, LINE 16 COLUMN A THE ALLOCATION FOR THESE BONDS WAS FINALIZED WITH RESPECT TO THE ORIGINAL PROCEEDS, BUT DUE TO THE ASSET SALE AND ALTERNATIVE USE OF DISPOSITION PROCEEDS DESCRIBED ABOVE, THE ALLOCATION OF THE DISPOSITION PROCEEDS HAS NOT BEEN FINALIZED. COLUMN B - THE SERIES 2014A AND B WESTCHESTER COUNTY LOCAL DEVELOPMENT CORPORATION BONDS WERE ISSUED TO FINANCE THE UNIVERSITY'S DESIGN, RENOVATION, CONSTRUCTION, EQUIPPING, AND/OR FURNISHING CERTAIN FACILITIES INCLUDING TECHNOLOGY IMPROVEMENTS AND FUND THE COST OF THE BOND'S ISSUANCE AND INTEREST COST DURING THE CONSTRUCTION PERIOD. THEREFORE, PART III HAS BEEN COMPLETED FOR THE BOND'S PURPOSE OF FUNDING FOR NEW CAPITAL PROJECTS. SCHEDULE K, PART III, LINE 4 AND 5 - PRIVATE BUSINESS USE THE PERCENTAGE OF FINANCE PROPERTY USED IN A PRIVATE BUSINESS USE BY THE ENTITIES OTHER THAN A SECTION 501(C)(3) ORGANIZATION OR A STATE OR LOCAL GOVERNMENT AND THE PERCENTAGE OF FINANCED PROPERTY USED IN A PRIVATE BUSINESS USE AS A RESULT OF UNRELATED TRADE OR BUSINESS ACTIVITY CARRIES ON BY THE UNIVERSITY, ANOTHER 501(C)(3) ORGANIZATION OR STATE OR LOCAL GOVERNMENT, IS ZERO. SCHEDULE K, PART IV, LINE 6 - ARBITRAGE IN CONNECTION WITH THE AFOREMENTIONED REMEDIAL ACTION AND LEGAL DEFEASANCE OF 2013A BONDS, FUNDS OF THE UNIVERSITY WERE INVESTED IN A YIELD RESTRICTED DEFEASANCE ESCROW, AND THUS WERE INVESTED BEYOND ANY APPLICABLE TEMPORARY PERIOD. LINE 2C- THE REBATE COMPUTATION WAS PERFORMED ON 3/7/2018 FOR 2013 AND 4/3/2019 FOR 2014. SUBSTANTIAL CONTRIBUTOR VENDOR 15717359 CONSTRUCTION false SUBSTANTIAL CONTRIBUTOR VENDOR 10785356 JANITORIAL SERVICES false SUBSTANTIAL CONTRIBUTOR VENDOR 10323082 SECURITY SERVICES false SUBSTANTIAL CONTRIBUTOR VENDOR 2335978 FURNITURE false SUBSTANTIAL CONTRIBUTOR VENDOR 1856392 CONSULTING false SUBSTANTIAL CONTRIBUTOR VENDOR 1092175 BUILDING DESIGN CONSULTANTS false SUBSTANTIAL CONTRIBUTOR VENDOR 910311 CONSTRUCTION false SUBSTANTIAL CONTRIBUTOR VENDOR 677745 CONSTRUCTION false SUBSTANTIAL CONTRIBUTOR VENDOR 466000 AUDITING false SUBSTANTIAL CONTRIBUTOR VENDOR 424100 AIR CONDITIONING SERVICE false SUBSTANTIAL CONTRIBUTOR VENDOR 397501 CONSTRUCTION false SUBSTANTIAL CONTRIBUTOR VENDOR 350774 CONSTRUCTION false SUBSTANTIAL CONTRIBUTOR VENDOR 319331 CONSTRUCTION false SUBSTANTIAL CONTRIBUTOR VENDOR 299000 AUDITING AND TAX SERVICES false SUBSTANTIAL CONTRIBUTOR VENDOR 286917 PLUMBING false SUBSTANTIAL CONTRIBUTOR VENDOR 217490 CONSTRUCTION false SUBSTANTIAL CONTRIBUTOR VENDOR 185196 PACE TRANSPORTATION FLEETLEASE false SUBSTANTIAL CONTRIBUTOR VENDOR 163014 FIRE ALARM/SECURITY false SUBSTANTIAL CONTRIBUTOR VENDOR 162180 ELEVATOR SERVICES false SUBSTANTIAL CONTRIBUTOR VENDOR 128000 ENGINEERING CONSULTANT false SCHEDULE L, PART IV, COLUMN A THE NAMES OF SUBSTANTIAL CONTRIBUTORS HAVE NOT BEEN PRESENTED ON SCHEDULE L. SUCH INFORMATION IS PRESENTED ELSEWHERE WITHIN FORM 990 AND/OR IS NOT CONSIDERED PUBLIC INFORMATION SIMILAR TO INFORMATION INCLUDED ON SCHEDULE B. X 652 3 Valued $1 per Gift X 21 871656 Quoted Prices X Equipment 3 126242 Retail Value X Supplies 4 3625 Retail Value 1 false true false SCHEDULE M, PART I, COLUMN B PACE UNIVERSITY USES A COMBINATION OF REPORTING THE NUMBER OF CONTRIBUTIONS AND THE NUMBER OF ITEMS RECEIVED. FORM 990, PART VI, SECTION B, LINE 11A, REVIEW PROCESS THE FORM 990 IS PREPARED BY THE UNIVERSITY'S VICE PRESIDENT AND CONTROLLER AS ASSISTED BY VARIOUS OTHER STAFF MEMBERS IN THE FINANCE AND PLANNING DEPARTMENT. THE PREPARED FORM IS REVIEWED BY THE UNIVERSITY'S PRESIDENT, CHIEF FINANCIAL OFFICER AND IN-HOUSE LEGAL COUNSEL AS WELL AS PWC US TAX, LLP THE UNIVERSITY'S OUTSIDE TAX ADVISORS. A DRAFT FORM 990 IS THEN PRESENTED TO THE FINANCE AND AUDIT COMMITTEE OF THE BOARD OF TRUSTEES FOR APPROVAL, FOLLOWED BY DISTRIBUTION OF THE FINAL COPY OF FORM 990 TO ALL MEMBERS OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 12C COMPLIANCE WITH CONFLICT OF INTEREST POLICY CONFLICT OF INTEREST POLICY DISCLOSURE FORMS (THE "DISCLOSURE FORMS") ARE ANNUALLY SUBMITTED TO AND RETRIEVED FROM THE UNIVERSITY'S TRUSTEES, OFFICERS, DEANS AND KEY EMPLOYEES. THE DISCLOSURE FORMS FOR OFFICERS, DEANS AND KEY EMPLOYEES ARE REVIEWED BY THE VICE PRESIDENT OF HUMAN RESOURCES AND UNIVERSITY IN-HOUSE LEGAL COUNSEL. POTENTIAL OFFICER, DEAN AND KEY EMPLOYEE CONFLICTS ARE VETTED WITH SUPERVISORS IN CONSULTATION WITH THE VICE PRESIDENT OF HUMAN RESOURCES AND UNIVERSITY'S IN-HOUSE LEGAL COUNSEL. THE DISCLOSURE FORMS FOR THE TRUSTEES ARE REVIEWED BY UNIVERSITY IN-HOUSE LEGAL COUNSEL, WHO PREPARES A SPREADSHEET LISTING POTENTIAL TRUSTEE CONFLICTS FOR REVIEW BY THE BOARD'S COMMITTEE OF TRUSTEES. THIS LISTING IS USED AS (1) A GUIDE TO ENSURE THAT CONFLICTED TRUSTEES ARE RECUSED FROM DISCUSSIONS AND VOTING WHEN APPROPRIATE AND (2) INPUT TO ASSESS DISCLOSURES IN THE UNIVERSITY'S FORM 990. FORM 990, PART VI, SECTION B, LINE 15 PROCESS FOR DETERMINING COMPENSATION FOR OFFICERS AND KEY EMPLOYEES EACH YEAR, THE CHAIR OF THE UNIVERSITY'S BOARD OF TRUSTEES REQUESTS THE HUMAN RESOURCES DEPARTMENT TO COLLECT COMPARATIVE PRESIDENTIAL COMPENSATION DATA FROM THE COLLEGE AND UNIVERSITY PROFESSIONAL ASSOCIATION FOR HUMAN RESOURCES (CUPA-HR), AS WELL AS PUBLISHED FORM 990 DATA FROM SUCH SOURCES AS THE CHRONICLE OF HIGHER EDUCATION, AS A BASIS IN SETTING THE ANNUAL COMPENSATION OF THE PRESIDENT OF THE UNIVERSITY FOR THE UPCOMING YEAR. WITH RESPECT TO OTHER UNIVERSITY OFFICERS, DEANS AND KEY EMPLOYEES, EACH YEAR PRIOR COMPARABILITY DATA FROM PEER INSTITUTIONS IS COLLECTED AND SUMMARIZED FOR REVIEW BY THE PRESIDENT (NINE COMPARABLE DOCTORAL CLASS INSTITUTIONS OF SIMILAR SIZE, SCOPE AND ORGANIZATIONAL COMPLEXITY, LOCALLY AND NATIONALLY, USED AS COMPARATORS FOR SEVERAL ACADEMIC AND FINANCIAL SCOPES ACROSS THE UNIVERSITY). THIS DATA OBTAINED VIA SURVEY IS USED BY THE PRESIDENT TO PRESENT COMPENSATION ADJUSTMENTS TO THE UNIVERSITY'S INDEPENDENT COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. THE COMPETITIVE DATA OBTAINED IS ALSO USED WHEN DETERMINING COMPENSATION OFFERS FOR NEW HIRES AT THE EXECUTIVE LEVEL. ONCE THIS DATA IS COLLECTED AND PRESENTED FOR APPROVAL BY THE COMPENSATION COMMITTEE AND THE BOARD OF TRUSTEES, DOCUMENTATION OF THE SURROUNDING DISCUSSIONS AND DECISIONS IS PREPARED BY THE SPECIAL ASSISTANT TO THE BOARD OF TRUSTEES AND FILED WITH THE UNIVERSITY ARCHIVIST, ALONG WITH THE RELATED MINUTES OF THE MEETINGS FOR HISTORICAL RECORD. THE UNIVERSITY FURTHER HAS A ROBUST PERFORMANCE EVALUATION PROCESS IN PLACE, THE RESULTS OF WHICH ARE CONSIDERED DURING THE COMPENSATION DETERMINATION PROCESS. THE UNIVERSITY'S PRESIDENT DOES NOT TAKE PART IN BOARD VOTING RELATING TO MATTERS INVOLVING HIS COMPENSATION, BENEFITS AND OTHER TERMS AND CONDITIONS OF HIS EMPLOYMENT, OR PARTICIPATE IN OR ATTEND BOARD MEETINGS AND DISCUSSIONS RELATING THERETO, EXCEPT AT TIMES WHEN RESPONDING TO QUESTIONS FROM THE COMPENSATION COMMITTEE. FORM 990, PART V, LINE 4A AND 4B, FINANCIAL ACCOUNTS IN A FOREIGN COUNTRY THE UNIVERSITY'S FINANCIAL HOLDINGS IN ANY FOREIGN COUNTRY ARE LIMITED TO EQUITY INTERESTS IN COMMINGLED INVESTMENT VEHICLES. ACCORDINGLY, THE UNIVERSITY IS NOT REQUIRED TO FILE FINCEN REPORT 114 (FORMERLY FORM TD F 90-22.1) REPORT OF FOREIGN BANK AND FINANCIAL ACCOUNTS. FORM 990, PART VI, SECTION C, LINE 19 AVAILABILITY OF GOVERNING AND OTHER DOCUMENTS TO THE PUBLIC THE UNIVERSITY'S AUDITED FINANCIAL STATEMENTS AND THE CONFLICT OF INTEREST POLICY ARE POSTED ON ITS WEBSITE. FORM 990 AND 990-T ARE AVAILABLE UPON REQUEST. THE UNIVERSITY'S GOVERNING DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC. FORM 990, PART III, LINE 4, OTHER PROGRAM SERVICE ACTIVITIES A DESCRIPTION OF THE UNIVERSITY'S OTHER SIGNIFICANT PROGRAM SERVICE ACTIVITIES ARE AS FOLLOWS: ACADEMIC SUPPORT - TO PROVIDE FACILITIES AND PERSONNEL TO SUPPORT INSTRUCTIONAL STAFF IN EDUCATIONAL EFFORTS SUCH AS LIBRARIES, ACADEMIC COMPUTER CENTERS, AUDIO VISUAL AIDS, ETC. STUDENT SERVICES - TO MEET NON-INSTRUCTIONAL NEEDS OF STUDENTS SUCH AS ADMISSIONS, REGISTRATION, COUNSELING, CAREER PLANNING, AND SOCIAL AND CULTURAL ACTIVITIES. RESEARCH - TO SUPPORT ACTIVITIES SPECIFICALLY ORGANIZED TO PRODUCE RESEARCH, WHETHER COMMISSIONED BY AN AGENCY EXTERNAL TO THE UNIVERSITY OR SEPARATELY BUDGETED BY AN ORGANIZATIONAL UNIT WITHIN THE UNIVERSITY. FORM 990, PART XI, LINE 9, OTHER CHANGES IN NET ASSETS CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENT OF $171,195. PACE ENVIRONMENTAL LITIGATION CLINIC 78 NORTH BROADWAY WHITE PLAINS NY 10603 133709483 EDUCATION NY 501(C)(3) 12(A) NA true JOHN JAY LEGAL SERVICES INC 80 NORTH BROADWAY WHITE PLAINS NY 10603 133403308 EDUCATION NY 501(C)(3) 12(A) NA true PACE UNIV FUND LP 125 HIGH ST BOSTON MA 02110 463422188 INVESTMENTS DE PACE UNIVERSITY EXCLUDED 21225563 240647515 false 102137 false 0.99999 CHARITABLE REMAINDER UNITRUST (1) TRUST DISTRIB NY PACE UNIVERSITY T false POOLED LIFE INCOME FUND (1) TRUST DISTRIB NY PACE UNIVERSITY T false false false true false false false false false false false false false false true true false false false false PACE UNIVERSITY FUND LP 1C 4300000 BOOK SCHEDULE R, PART III - RELATED ORGANIZATION TAXABLE PARTNERSHIP PACE UNIVERSITY FUND, LP (PACE FUND) IS A LIMITED PARTNERSHIP, WHICH COMMENCED OPERATIONS ON DECEMBER 4, 2013, IN WHICH THE UNIVERSITY IS THE SOLE LIMITED PARTNER AND CAMBRIDGE ASSOCIATES RESOURCES, LLC IS THE GENERAL PARTNER. THE PARTNERSHIP ACTS AS AN INVESTMENT VEHICLE FOR A SIGNIFICANT PORTION OF THE UNIVERSITY'S ENDOWMENT. THE PACE FUND IS RECORDED AT NET ASSET VALUE AT JUNE 30, 2024.