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PACE UNIVERSITY: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
PACE UNIVERSITY (EIN 13-5562314)
Tax period
2022-07-01 to 2023-06-30
Filed
2024-04-19
IRS object ID
202441109349300219
Schema version
2022v5.0
Source
Download XML · Original 990 at ProPublica

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

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-04-19T09:54:45-05:00ReturnTs
Tax Period End2023-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1PwC US Tax LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12001 MARKET ST SUITE 1800AddressLine1Txt
CityPHILADELPHIACityNm
State AbbreviationPAStateAbbreviationCd
ZIP19103ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN135562314EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1PACE UNIVERSITYBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% ROBERT C ALMONInCareOfNm
Business Name ControlPACEBusinessNameControlTxt
Phone9149232402PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1ONE PACE PLAZAAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP100381598ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJOSEPH CAPPARELLIPersonNm
Person TitleVP FIN, CNTRLLR, CCOPersonTitleTxt
Phone9149232402PhoneNum
Signature2024-04-18SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJOSEPHPersonFirstNm
Person LastCAPPARELLIPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonSAPNA P VASUPreparerPersonNm
PTINP00545692PTIN
Phone2673303000PhoneNum
Preparation2024-04-18PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMARVIN KRISLOVPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1ONE PACE PLAZAAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP100381598ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$792,846,979GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.PACE.EDUWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1906FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionPACE UNIVERSITY CONSIDERS TEACHING AND LEARNING ITS PRIORITY. PACE IS COMMITTED TO THE NEEDS OF ITS QUALIFIED AND DIVERSE STUDENT POPULATION.ActivityOrMissionDesc
Voting Members Governing Body36VotingMembersGoverningBodyCnt
Voting Members Independent34VotingMembersIndependentCnt
Total Employee4945TotalEmployeeCnt
Total Volunteers1600TotalVolunteersCnt
Total Gross UBI$39,630TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$27,814,321PYContributionsGrantsAmt
CY Contributions Grants$53,074,917CYContributionsGrantsAmt
PY Program Service Revenue$572,635,259PYProgramServiceRevenueAmt
CY Program Service Revenue$615,166,283CYProgramServiceRevenueAmt
PY Investment Income$25,461,881PYInvestmentIncomeAmt
CY Investment Income$12,209,697CYInvestmentIncomeAmt
PY Other Revenue$1,894,892PYOtherRevenueAmt
CY Other Revenue$2,131,689CYOtherRevenueAmt
PY Total Revenue$627,806,353PYTotalRevenueAmt
CY Total Revenue$682,582,586CYTotalRevenueAmt
PY Grants And Similar Paid$214,515,973PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$224,885,069CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$196,874,033PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$225,260,628CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$633,125PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$469,571CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$8,164,033CYTotalFundraisingExpenseAmt
PY Other Expenses$174,130,721PYOtherExpensesAmt
CY Other Expenses$187,528,073CYOtherExpensesAmt
PY Total Expenses$586,153,852PYTotalExpensesAmt
CY Total Expenses$638,143,341CYTotalExpensesAmt
PY Revenues Less Expenses$41,652,501PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$44,439,245CYRevenuesLessExpensesAmt
Total Assets BOY$1,093,406,747TotalAssetsBOYAmt
Total Assets EOY$1,300,057,209TotalAssetsEOYAmt
Total Liabilities BOY$696,807,936TotalLiabilitiesBOYAmt
Total Liabilities EOY$837,516,531TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$396,598,811NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$462,540,678NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionPACE UNIVERSITY EDUCATES STUDENTS TO BE "THINKING PROFESSIONALS", HIGHLY SOUGHT AFTER AS INNOVATORS AND SUCCESSFUL LEADERS WHO POSITIVELY IMPACT TWENTY-FIRST CENTURY SOCIETY.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$144,354,219ExpenseAmt
Grant$0GrantAmt
Revenue$532,664,702RevenueAmt
DescINSTRUCTIONAL - TO PROVIDE PERSONNEL, SUPPLIES, EQUIPMENT AND OTHER MATERIALS FOR THE INSTRUCTION OF FULL AND PART-TIME GRADUATE AND UNDERGRADUATE STUDENTS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$224,885,069ExpenseAmt
Grant$224,885,069GrantAmt
Revenue$0RevenueAmt
DescSCHOLARSHIPS - TO PROVIDE STUDENTS WITH ACADEMIC AND/OR NEED-BASED TUITION ASSISTANCE.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$82,257,773ExpenseAmt
Grant$0GrantAmt
Revenue$73,707,134RevenueAmt
DescAUXILIARIES - TO MEET NON-INSTRUCTIONAL NEEDS OF STUDENTS SUCH AS DORMS AND CAFETERIA SERVICES.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (3 entries)

ExpenseExpenseAmtGrantGrantAmtRevenueRevenueAmtDescDesc
$62,581,916$0$6,332,426ACADEMIC SUPPORT
$43,954,957$0$2,462,013STUDENT SERVICES
$4,269,421$0$8RESEARCH
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$110,806,294TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$0TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue$8,794,447TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$562,303,355TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesYes (true)LobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtYes (true)CollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (true)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (true)ReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsYes (true)ReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingYes (true)SchoolOperatingInd
Foreign OfficeYes (true)ForeignOfficeInd
Foreign ActivitiesYes (true)ForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingYes (true)ProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsYes (true)TaxExemptBondsInd
Invest Tax Exempt BondsfalseInvestTaxExemptBondsInd
Escrow AccountYes (true)EscrowAccountInd
On Behalf Of IssuerfalseOnBehalfOfIssuerInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemYes (true)BusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntYes (true)BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (true)DeductibleNonCashContriInd
Deductible Art ContributionYes (true)DeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityYes (true)RelatedEntityInd
Related Organization Ctrl EntYes (true)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (true)TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document519IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee4945EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (true)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (true)Form990TFiledInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsYes (true)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (true)QuidProQuoContriDisclInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members36GoverningBodyVotingMembersCnt
Independent Voting Member34IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherYes (true)CompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonROBERT C ALMONPersonNm
Phone2123461227PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1100 SUMMIT LAKE DR 3RD FLAddressLine1Txt
CityVALHALLACityNm
State AbbreviationNYStateAbbreviationCd
ZIP10595ZIPCd
FieldValueIRS element (for citing)
Info In Schedule O Part VIIYes (X)InfoInScheduleOPartVIIInd

Form990 Part VII Section A Form990PartVIISectionAGrp (71 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
MARVIN KRISLOV
TRUSTEE, PRESIDENT40.00.0Yes (X)Yes (X)$761,649$0$339,973
ROBERT C ALMON
EVP & CFO40.00.0Yes (X)$410,602$0$60,850
LAWRENCE SINGLETON
DEAN, LUBIN SCHOOL OF BUSINESS40.00.0$362,753$0$70,876Yes (X)
HORACE ANDERSON
DEAN, SCHOOL OF LAW40.00.0$351,113$0$77,514Yes (X)
LAUREN BIRNEY
PROFESSOR40.00.0$384,414$0$37,484Yes (X)
GARY LAERMER
VP DEV & ALUM RLTNS40.00.0Yes (X)$369,289$0$45,650
JOSEPH A CAPPARELLI
VP FIN, CONTROLLER & COO40.00.0Yes (X)$340,645$0$72,305
JONATHAN HILL
DEAN, SEIDENBERG SCHOOL40.00.0$292,048$0$99,687Yes (X)
MICHELLE S SIMON
PROFESSOR40.00.0$301,890$0$67,448Yes (X)
VANYA QUINONES
PRVT,EVP ACAD AFFAR TILL 8/2240.00.0Yes (X)$319,065$0$35,793
ROBINA C SCHEPP
VP FOR ENROLLMENT & PLACEMENT40.00.0Yes (X)$308,975$0$45,103
MARCUS TYE
DEAN, COLLEGE OF HEALTH PROFES40.00.0$292,670$0$60,730Yes (X)
TRESMAINE GRIMES
DEAN, DYSON COLLEGE40.00.0$305,521$0$45,103Yes (X)
JASON CZARNEZKI
PROFESSOR40.00.0$304,413$0$44,955Yes (X)
BRIDGET CRAWFORD
PROFESSOR40.00.0$285,583$0$62,852Yes (X)
JOSEPH FRANCO
PROVOST, EVP ACAD AFFR AS 9/2240.00.0Yes (X)$283,583$0$52,877
YA TANG
PROFESSOR40.00.0$271,830$0$62,496Yes (X)
NICOLE THOMPSON
SR. VP OPERAT. (AS OF 7/15/22)40.00.0Yes (X)$280,507$0$53,199
MARY BAGLIVO
VP UNIV RELATIONS40.00.0Yes (X)$286,100$0$43,688
IBOLYA YOLAS
VP UNIV FACILITIES & CAP PROJ40.00.0Yes (X)$243,068$0$53,209
NIRA HERRMANN
FORMER DEAN, DYSON COLLEGE40.00.0$264,693$0$24,554Yes (X)
JEAN C GALLAGHER
VP STRATEGIC INITIATIVES40.00.0Yes (X)$212,307$0$68,410
RICHARD SCHLESINGER
FRMR DEAN, DYSON COLLEGE40.00.0$222,083$0$51,233Yes (X)
LISA VALENTINO
FRMR INTERIM VP & GC (10/1-4/340.00.0Yes (X)$230,414$0$36,666
CINDY HEILBERGER
VP FOR CORPORATE SECRETARY40.00.0Yes (X)$217,966$0$44,233
BETH GORDON
INTRM VP IT & CIO (AS OF 08/1640.00.0Yes (X)$203,607$0$41,723
SONIA SUCHDAY
TRUSTEE, FT FACULTY MEMBER40.00.0Yes (X)$205,816$0$32,087
HARRIET R FELDMAN
FRMR DEAN, COLLEGE HEALTH PROF40.00.0$180,656$0$41,653Yes (X)
LEILA FRANCHI
FORMER VP FOR UNIV RELATIONS40.00.0$154,209$0$60,084Yes (X)
THOMAS M BRADY
TREASURER40.00.0Yes (X)$194,085$0$18,302
SUSAN DONAHUE
FRMR INTM, AVP HR TILL 9/2140.00.0Yes (X)$150,303$0$54,658
PAUL DAMPIER
FRMR VP FOR IT & CIO THRU 8/1540.00.0Yes (X)$162,094$0$32,642
BERNARD DUFRESNE
INTERIM AVP, CDO (AS OF 11/16)40.00.0Yes (X)$163,828$0$30,605
ALEXIS SANDLER
VP & GNL COUNSEL THRU 9/30/2240.00.0Yes (X)$148,022$0$30,158
TIFFANY HAMILTON
FRMR AVP, D&I, CDO TILL 10/1540.00.0Yes (X)$146,849$0$27,768
JEFFREY BARNETT
VP STUDENT AFFR & DEAN AS 10/140.00.0Yes (X)$67,339$0$17,225
NILA BHAUMIK
VP FOR HUMAN RES (AS OF 10/22)40.00.0Yes (X)$74,458$0$7,021
PETA-GAY CLARKE
TRUSTEE1.00.0Yes (X)$3,051$0$0
PHOTEINE M ANAGNOSTOPOULOS
TRUSTEE1.00.0Yes (X)$0$0$0
MARK M BESCA
TRUSTEE1.00.0Yes (X)$0$0$0
MICHAEL A CLINTON
TRUSTEE1.00.0Yes (X)$0$0$0
MICHAEL DISIMONE
TRUSTEE1.00.0Yes (X)$0$0$0
CHRISTOPHER A EDWARDS
TRUSTEE1.00.0Yes (X)$0$0$0
JOSEPH R FICALORA
TRUSTEE1.00.0Yes (X)$0$0$0
MARKI FLANNERY
TRUSTEE1.00.0Yes (X)$0$0$0
JOHN A GERSON
TRUSTEE1.00.0Yes (X)$0$0$0
THOMAS GIBBONS
TRUSTEE1.00.0Yes (X)$0$0$0
CYNTHIA GREER GOLDSTEIN
TRUSTEE1.00.0Yes (X)$0$0$0
BARRY M GOSIN
TRUSTEE1.00.0Yes (X)$0$0$0
LILIANE A HAUB
TRUSTEE1.00.0Yes (X)$0$0$0
HEMANT KHEMKA
TRUSTEE1.00.0Yes (X)$0$0$0
DAVID Z HIRSH
TRUSTEE1.00.0Yes (X)$0$0$0
JOSEPH IANNIELLO
TRUSTEE1.00.0Yes (X)$0$0$0
CHARLES MAK
TRUSTEE1.00.0Yes (X)$0$0$0
MARTIN MCELROY
TRUSTEE1.00.0Yes (X)$0$0$0
AUDREY MURPHY
TRUSTEE1.00.0Yes (X)$0$0$0
DONNA MURPHY
TRUSTEE1.00.0Yes (X)$0$0$0
JOHN T O'CONNOR
TRUSTEE1.00.0Yes (X)$0$0$0
THOMAS J QUINLAN III
TRUSTEE1.00.0Yes (X)$0$0$0
ROBERT ROBOTTI
TRUSTEE1.00.0Yes (X)$0$0$0
CHRISTOPHER ROKER
TRUSTEE1.00.0Yes (X)$0$0$0
ROBERT S SANDS
TRUSTEE1.00.0Yes (X)$0$0$0
IVAN G SEIDENBERG
TRUSTEE1.00.0Yes (X)$0$0$0
ZUBEEN SHROFF
TRUSTEE, LEFT DURING FY20231.00.0Yes (X)$0$0$0
SHAUN E SMITH
TRUSTEE1.00.0Yes (X)$0$0$0
LANA BAILEY-TAMARO
TRUSTEE1.00.0Yes (X)$0$0$0
EUGENE M TOBIN
TRUSTEE1.00.0Yes (X)$0$0$0
MARIE J TOULANTIS
TRUSTEE1.00.0Yes (X)$0$0$0
ROBERT TUCKER
TRUSTEE1.00.0Yes (X)$0$0$0
SUSAN S WALLACH
TRUSTEE1.00.0Yes (X)$0$0$0
RICHARD F ZANNINO
TRUSTEE1.00.0Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$7,903,181TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$1,656,888TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K518IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (true)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
Collins Building Services
24-01 44th Road 15th FlLONG ISLAND CITYNY11101CLEANING$10,928,429
Chartwells Dining Service
303 Crossways Park DriveWOODBURYNY11797FOOD SERVICES$14,992,906
Allied Universal Security Services
Eight Tower Bridge 161 WashingtonCONSHOHOCKENPA19428SECURITY$7,388,641
Andron Construction Corp
21 Anderson LaneGOLDENS BRIDGENY10526Construction$2,503,799
NYCAN Builders LLC
151 W 19th St 4th FLNEW YORKNY10011Construction$2,447,316
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K175CntrctRcvdGreaterThan100KCnt
Fundraising$1,851,549FundraisingAmt
Government Grants$15,880,130GovernmentGrantsAmt
All Other Contributions$35,343,238AllOtherContributionsAmt
Noncash Contributions$1,071,630NoncashContributionsAmt
Total Contributions$53,074,917TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITION AND FEES900099$540,310,960$540,310,960
DORMITORY RENTALS900099$58,261,489$58,261,489
FOOD SERVICE REVENUE900099$15,445,645$15,445,645
ACADEMIC ACTIVITIES900099$955,539$955,539
BOOKSTORE COMMISSIONS900099$97,958$97,958

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$94,692TotalRevenueColumnAmt
Related Or Exempt Func Income$94,692RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$615,166,283TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$5,880,529TotalRevenueColumnAmt
Unrelated Business Revenue$39,630UnrelatedBusinessRevenueAmt
Exclusion$5,840,899ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$104,724TotalRevenueColumnAmt
Exclusion$104,724ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$167,457TotalRevenueColumnAmt
Exclusion$167,457ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$1,074,466RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$980,669RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$93,797RealAmt
Personal$0PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$93,797TotalRevenueColumnAmt
Exclusion$93,797ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$112,702,042SecuritiesAmt
Other$1,937,608OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$108,415,206SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$4,286,836SecuritiesAmt
Other$1,937,608OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$6,224,444TotalRevenueColumnAmt
Exclusion$6,224,444ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$421,351FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$1,851,549ContriRptFundraisingEventAmt
Fundraising Direct Expenses$868,518FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$447,167TotalRevenueColumnAmt
Exclusion-$447,167ExclusionAmt
FieldValueIRS element (for citing)
Gaming Gross Income$0GamingGrossIncomeAmt
Gaming Direct Expenses$0GamingDirectExpensesAmt

Net Income From Gaming NetIncomeFromGamingGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$0GrossSalesOfInventoryAmt
Cost Of Goods Sold$0CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtExclusionExclusionAmt
CONFERENCE CENTER AND OTHER REVENUE532310$2,303,268$2,303,268
FUNDS HELD BY TRUSTEES900099$14,334$14,334
FieldValueIRS element (for citing)
Other Revenue Total$2,317,602OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$682,582,586TotalRevenueColumnAmt
Related Or Exempt Func Income$615,166,283RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$39,630UnrelatedBusinessRevenueAmt
Exclusion$14,301,756ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$224,885,069TotalAmt
Program Services$224,885,069ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$8,527,392TotalAmt
Program Services$2,816,807ProgramServicesAmt
Management And General$5,118,228ManagementAndGeneralAmt
Fundraising$592,357FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$165,459,592TotalAmt
Program Services$140,211,762ProgramServicesAmt
Management And General$21,690,792ManagementAndGeneralAmt
Fundraising$3,557,038FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$11,010,679TotalAmt
Program Services$9,330,537ProgramServicesAmt
Management And General$1,443,436ManagementAndGeneralAmt
Fundraising$236,706FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$28,109,180TotalAmt
Program Services$23,819,940ProgramServicesAmt
Management And General$3,684,951ManagementAndGeneralAmt
Fundraising$604,289FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$12,153,785TotalAmt
Program Services$10,027,002ProgramServicesAmt
Management And General$1,838,562ManagementAndGeneralAmt
Fundraising$288,221FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$532,398TotalAmt
Program Services$185,907ProgramServicesAmt
Management And General$345,591ManagementAndGeneralAmt
Fundraising$900FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$394,747TotalAmt
Management And General$394,747ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$130,723TotalAmt
Management And General$130,723ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$469,571TotalAmt
Fundraising$469,571FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$1,172,022TotalAmt
Management And General$1,172,022ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$12,188,263TotalAmt
Program Services$7,737,255ProgramServicesAmt
Management And General$4,116,030ManagementAndGeneralAmt
Fundraising$334,978FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$3,506,843TotalAmt
Program Services$3,268,652ProgramServicesAmt
Management And General$231,840ManagementAndGeneralAmt
Fundraising$6,351FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$9,885,374TotalAmt
Program Services$7,432,166ProgramServicesAmt
Management And General$2,379,345ManagementAndGeneralAmt
Fundraising$73,863FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$8,578,391TotalAmt
Program Services$1,624,604ProgramServicesAmt
Management And General$6,624,867ManagementAndGeneralAmt
Fundraising$328,920FundraisingAmt

Royalties RoyaltiesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$81,485,359TotalAmt
Program Services$71,057,587ProgramServicesAmt
Management And General$10,427,772ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$3,557,307TotalAmt
Program Services$3,064,694ProgramServicesAmt
Management And General$396,053ManagementAndGeneralAmt
Fundraising$96,560FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$744,374TotalAmt
Program Services$520,151ProgramServicesAmt
Management And General$195,832ManagementAndGeneralAmt
Fundraising$28,391FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$8,607,499TotalAmt
Program Services$7,867,882ProgramServicesAmt
Management And General$739,617ManagementAndGeneralAmt

Payments To Affiliates PaymentsToAffiliatesGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$18,750,782TotalAmt
Program Services$16,696,893ProgramServicesAmt
Management And General$2,053,889ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$3,052,649TotalAmt
Program Services$1,722,301ProgramServicesAmt
Management And General$1,330,348ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
MEAL COSTS,STUDENT ACTIVITIES$14,734,869$14,547,867$96,115$90,887
EQUIPMENT REPAIR, SERVICES$3,080,429$2,923,436$156,993
LIBRARY BOOKS PURCHASES$1,459,471$1,459,215$256
STUDENT RECRUITMENT$8,482,514$8,482,514

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$7,184,059TotalAmt
Program Services$2,621,114ProgramServicesAmt
Management And General$3,107,944ManagementAndGeneralAmt
Fundraising$1,455,001FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$638,143,341TotalAmt
Program Services$562,303,355ProgramServicesAmt
Management And General$67,675,953ManagementAndGeneralAmt
Fundraising$8,164,033FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$8,466,550BOYAmt
EOY$6,301,536EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$9,862,138BOYAmt
EOY$38,710,090EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$13,526,507BOYAmt
EOY$15,585,624EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$4,443,358BOYAmt
EOY$3,507,666EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$4,487,391BOYAmt
EOY$6,252,919EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$764,650,050LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$264,964,127LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$459,811,430BOYAmt
EOY$499,685,923EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$138,468,095BOYAmt
EOY$152,992,517EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$76,696,971BOYAmt
EOY$83,975,322EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$377,644,307BOYAmt
EOY$493,045,612EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,093,406,747BOYAmt
EOY$1,300,057,209EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$48,298,705BOYAmt
EOY$64,193,971EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$7,443,347BOYAmt
EOY$6,460,423EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$16,593,216BOYAmt
EOY$24,702,230EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$167,367,302BOYAmt
EOY$162,233,719EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$13,678,128BOYAmt
EOY$12,886,131EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$443,427,238BOYAmt
EOY$567,040,057EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$696,807,936BOYAmt
EOY$837,516,531EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$171,866,897BOYAmt
EOY$193,968,265EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$224,731,914BOYAmt
EOY$268,572,413EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$396,598,811BOYAmt
EOY$462,540,678EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,093,406,747BOYAmt
EOY$1,300,057,209EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$44,439,245ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$21,315,234NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$187,388OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredYes (true)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (true)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Total Grassroots LobbyingTotalGrassrootsLobbyingGrp
Total Direct LobbyingTotalDirectLobbyingGrp
Total Lobbying ExpendTotalLobbyingExpendGrp
Other Exempt Purpose ExpendOtherExemptPurposeExpendGrp
Total Exempt Purpose ExpendTotalExemptPurposeExpendGrp
Lobbying Nontaxable AmountLobbyingNontaxableAmountGrp
Grassroots NontaxableGrassrootsNontaxableGrp
Tot Lbbyng Grassroot Mns Non TxTotLbbyngGrassrootMnsNonTxGrp
Tot Lbby Expend Mns Lbbyng Non TxTotLbbyExpendMnsLbbyngNonTxGrp
VolunteersfalseVolunteersInd
Paid Staff Or ManagementYes (true)PaidStaffOrManagementInd
Media AdvertisementsfalseMediaAdvertisementsInd
Mailings MembersfalseMailingsMembersInd
Publications Or BroadcastfalsePublicationsOrBroadcastInd
Grants Other OrganizationsfalseGrantsOtherOrganizationsInd
Direct Contact LegislatorsYes (true)DirectContactLegislatorsInd
Direct Contact Legislators$130,723DirectContactLegislatorsAmt
Rallies DemonstrationsfalseRalliesDemonstrationsInd
Other ActivitiesYes (true)OtherActivitiesInd
Other Activities$774OtherActivitiesAmt
Total Lobbying Expenditures$131,497TotalLobbyingExpendituresAmt
Not Described Section501c3falseNotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE C, PART II-B, LINE 1G - LOBBYING ACTIVITIESLOBBYING 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 ACTIVITIESUNIVERSITY 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.

Schedule D IRS990ScheduleD

Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp

FieldValueIRS element (for citing)
Revenues Included$2RevenuesIncludedAmt
Assets Included$2AssetsIncludedAmt
FieldValueIRS element (for citing)
Held Works ArtHeldWorksArtGrp
Collection Used Pub ExhibitionYes (X)CollectionUsedPubExhibitionInd
Solicited Assets SalefalseSolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$210,436,818BeginningYearBalanceAmt
Contributions$2,254,474ContributionsAmt
Investment Earnings Or Losses$27,317,270InvestmentEarningsOrLossesAmt
Grants Or Scholarships$4,034,919GrantsOrScholarshipsAmt
Other Expenditures$3,569,268OtherExpendituresAmt
End Year Balance$232,404,375EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$250,615,147BeginningYearBalanceAmt
Contributions$6,347,980ContributionsAmt
Investment Earnings Or Losses-$25,711,021InvestmentEarningsOrLossesAmt
Grants Or Scholarships$3,952,685GrantsOrScholarshipsAmt
Other Expenditures$16,862,603OtherExpendituresAmt
End Year Balance$210,436,818EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$193,827,052BeginningYearBalanceAmt
Contributions$14,599,339ContributionsAmt
Investment Earnings Or Losses$64,091,011InvestmentEarningsOrLossesAmt
Grants Or Scholarships$3,385,180GrantsOrScholarshipsAmt
Other Expenditures$18,517,075OtherExpendituresAmt
End Year Balance$250,615,147EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$193,048,642BeginningYearBalanceAmt
Contributions$3,815,808ContributionsAmt
Investment Earnings Or Losses$8,107,993InvestmentEarningsOrLossesAmt
Grants Or Scholarships$3,434,014GrantsOrScholarshipsAmt
Other Expenditures$7,711,377OtherExpendituresAmt
End Year Balance$193,827,052EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$181,853,820BeginningYearBalanceAmt
Contributions$2,159,795ContributionsAmt
Investment Earnings Or Losses$15,180,101InvestmentEarningsOrLossesAmt
Grants Or Scholarships$3,397,489GrantsOrScholarshipsAmt
Other Expenditures$2,747,585OtherExpendituresAmt
End Year Balance$193,048,642EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.05630BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.54170PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.40200TermEndowmentBalanceEOYPct
Endowments Held Unrelated OrgfalseEndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgYes (true)EndowmentsHeldRelatedOrgInd
Related Org List Sch RYes (true)RelatedOrgListSchRInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$12,453,325OtherCostOrOtherBasisAmt
Book Value$12,453,325BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$588,961,517OtherCostOrOtherBasisAmt
Depreciation$153,136,056DepreciationAmt
Book Value$435,825,461BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$40,827,758OtherCostOrOtherBasisAmt
Depreciation$23,806,760DepreciationAmt
Book Value$17,020,998BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$121,637,838OtherCostOrOtherBasisAmt
Depreciation$88,021,311DepreciationAmt
Book Value$33,616,527BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$769,612OtherCostOrOtherBasisAmt
Book Value$769,612BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$499,685,923TotalBookValueLandBuildingsAmt
Financial DerivativesFinancialDerivativesGrp
Closely Held Equity InterestsCloselyHeldEquityInterestsGrp

Other Securities OtherSecuritiesGrp (3 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
COMINGLED FUNDS$40,285,210F
ALT- INVESTMENTS- LONG/SHORT$2,427,965F
ALT- INVESTMENTS- LLP,LLC$41,262,147F
FieldValueIRS element (for citing)
Total Book Value Securities$83,975,322TotalBookValueSecuritiesAmt

Other Assets Org OtherAssetsOrgGrp (3 entries)

DescDescBook ValueBookValueAmt
FUNDS HELD BY BOND TRUSTEES$1,650,467
INVEST DESIGN FOR CONSTRUCTION$57,858,062
RIGHT OF USE ASSETS$433,537,083
FieldValueIRS element (for citing)
Total Book Value Other Assets$493,045,612TotalBookValueOtherAssetsAmt
Federal Income Tax Liability$0FederalIncomeTaxLiabilityAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDescAmtAmt
LEASE LIABILITIES$523,111,466
ACCRUED PSTRETIRE. BEN. OBLG.$36,670,872
ASSET RETIREMENT OBLIGATION$7,257,719
FieldValueIRS element (for citing)
Total Liability$567,040,057TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$479,877,303TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$21,315,234NetUnrealizedGainsInvstAmt
Other Revenue$187,388OtherRevenueAmt
Revenue Not Reported$21,502,622RevenueNotReportedAmt
Revenue Subtotal$458,374,681RevenueSubtotalAmt
Investment Expenses Not Incld$1,172,022InvestmentExpensesNotIncldAmt
Other Revenues Not Included$223,035,883OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$224,207,905RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$682,582,586TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$413,935,436TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$1,849,186OtherExpensesIncludedAmt
Expenses Not Reported$1,849,186ExpensesNotReportedAmt
Expenses Subtotal$412,086,250ExpensesSubtotalAmt
Investment Expenses Not Incld2$1,172,022InvestmentExpensesNotIncld2Amt
Other Expenses Not Included$224,885,069OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$226,057,091ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$638,143,341TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE D, PART III, LINE 3A - COLLECTION OF ARTPACE 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 FUNDSTHE UNIVERSITY'S ENDOWMENT CONSISTS OF APPROXIMATELY 456 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 ASSETSTHE BOARD OF TRUSTEES DESIGNATED FUNDS PRIMARILY FOR THE CONSTRUCTION OF A MASTER PLAN FOR THE CAMPUS LOCATED IN NEW YORK CITY. AS OF JUNE 30,2023, THERE IS $57,858,062 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 LIABILITIESINCOME 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, 2023. 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 RETURNCHANGE IN VALUE OF SPLIT-INTEREST AGREEMENT OF $187,388
SCH D, PART XI, LINE 4B-OTHER AMOUNTS INCLUDED IN RETURN BUT NOT IN BOOKSSCHOLARSHIPS OF $224,885,069 LESS SPECIAL EVENTS EXPENSE OF ($868,517) AND RENT EXPENSE ($980,669)
SCH D, PART XII, LN 2D-OTHER EXPENSES INCLUDED IN BOOKS BUT NOT IN RETURNSPECIAL EVENTS EXPENSE OF $868,517 AND RENT EXPENSE OF $980,669
SCH D, PART XII, LN 4B-OTHER EXPENSES INCLUDED IN RETURN BUT NOT IN BOOKSSCHOLARSHIPS OF $224,885,069

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (true)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (true)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (true)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (true)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (true)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (true)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (true)MaintainCpyOfAllSolInd
Discriminate Race Stdnts RghtsfalseDiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss PlcyfalseDiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm FcultyfalseDiscriminateRaceEmplmFcultyInd
Discriminate Race SchsfalseDiscriminateRaceSchsInd
Discriminate Race Educ PlcyfalseDiscriminateRaceEducPlcyInd
Discriminate Race Use Of FcltsfalseDiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt ProgfalseDiscriminateRaceAthltProgInd
Discriminate Race Other ActyfalseDiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (true)GovernmentFinancialAidRcvdInd
Government Financial Aid RvkdfalseGovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (true)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCH E, PART I, LN 3 NONDISCRIMINATORY POLICY-STUDENTS' SOLICITATION MTRLSTHE 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 AGENCIESTHE 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).

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (19 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
East Asia and the Pacific01Program ServicesRecruitment$263,794
South AsiaProgram ServicesConferences,Dues,Other$9,965
North AmericaProgram ServicesConferences,Dues,Other$2,768
East Asia and the PacificProgram ServicesConferences,Dues,Other$5,300
Central America and the CaribbeanProgram ServicesConferences,Dues,Other$18,828
Europe (Including Iceland and Greenland)Program ServicesConferences,Dues,Other$100,023
Middle East and North AfricaProgram ServicesConferences,Dues,Other$141,000
Russia and the Newly Independent StatesProgram ServicesConferences,Dues,Other$150
South AmericaProgram ServicesConferences,Dues,Other$725
Sub-Saharan AfricaProgram ServicesConferences,Dues,Other$2,599
Europe (Including Iceland and Greenland)05Program ServicesRecruitment$3,772,770
Middle East and North Africa01Program ServicesRecruitment$198,532
North AmericaProgram ServicesRecruitment$12,078
South AmericaProgram ServicesRecruitment$2,754
South Asia014Program ServicesRecruitment$1,846,628
Sub-Saharan AfricaProgram ServicesRecruitment$5,197
East Asia and the PacificProgram ServicesSTUDY ABROAD$21,213
Europe (Including Iceland and Greenland)Program ServicesSTUDY ABROAD$898,724
South AmericaProgram ServicesSTUDY ABROAD$1,080
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees21SubtotalEmployeesCnt
Total Office0TotalOfficeCnt
Total Employee21TotalEmployeeCnt
Subtotal Spent$6,404,324SubtotalSpentAmt
Continuation Spent$899,804ContinuationSpentAmt
Total Spent$7,304,128TotalSpentAmt
Transfer To Foreign CorpYes (true)TransferToForeignCorpInd
Interest In Foreign TrustfalseInterestInForeignTrustInd
Foreign Corp OwnershipYes (true)ForeignCorpOwnershipInd
Passive Foreign Investmest CoYes (true)PassiveForeignInvestmestCoInd
Foreign PartnershipYes (true)ForeignPartnershipInd
Boycott CountriesYes (true)BoycottCountriesInd

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Mail SolicitationsYes (X)MailSolicitationsInd
Email SolicitationsYes (X)EmailSolicitationsInd
Phone SolicitationsYes (X)PhoneSolicitationsInd
In Person SolicitationsYes (X)InPersonSolicitationsInd
Solicitation Of Non Govt GrantsYes (X)SolicitationOfNonGovtGrantsInd
Solicitation Of Govt GrantsYes (X)SolicitationOfGovtGrantsInd
Special Fundraising EventsYes (X)SpecialFundraisingEventsInd
Agrmt Prof Fundraising ActyYes (true)AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdActivityActivityTxtFundraiser Control Of FundsFundraiserControlOfFundsIndGross ReceiptsGrossReceiptsAmtRetained By ContractorRetainedByContractorAmtNet To OrganizationNetToOrganizationAmt
Ruffalo Noel Levitz
1025 KIRKWOOD PARKWAY SWCEDAR RAPIDSIA52404Tele- FUNDRAIsingfalse$107,557$281,706-$174,149
Stelter
10435 NEW YORK AVENUEDes MoinesIA50322Strategyfalse$0$6,475-$6,475
Orr Group
3000 K STREETNW SUITE E280WashingtonDC20007Consultingfalse$0$181,390-$181,390
FieldValueIRS element (for citing)
Total Gross Receipts$107,557TotalGrossReceiptsAmt
Total Retained By Contractors$469,571TotalRetainedByContractorsAmt
Total Net To Organization-$362,014TotalNetToOrganizationAmt
Licensed StatesALLicensedStatesCd
Licensed StatesAKLicensedStatesCd
Licensed StatesARLicensedStatesCd
Licensed StatesCALicensedStatesCd
Licensed StatesCOLicensedStatesCd
Licensed StatesCTLicensedStatesCd
Licensed StatesDCLicensedStatesCd
Licensed StatesFLLicensedStatesCd
Licensed StatesGALicensedStatesCd
Licensed StatesHILicensedStatesCd
Licensed StatesILLicensedStatesCd
Licensed StatesKSLicensedStatesCd
Licensed StatesKYLicensedStatesCd
Licensed StatesLALicensedStatesCd
Licensed StatesMELicensedStatesCd
Licensed StatesMDLicensedStatesCd
Licensed StatesMALicensedStatesCd
Licensed StatesMILicensedStatesCd
Licensed StatesMNLicensedStatesCd
Licensed StatesMSLicensedStatesCd
Licensed StatesMOLicensedStatesCd
Licensed StatesMTLicensedStatesCd
Licensed StatesNELicensedStatesCd
Licensed StatesNJLicensedStatesCd
Licensed StatesNMLicensedStatesCd
Licensed StatesNYLicensedStatesCd
Licensed StatesNCLicensedStatesCd
Licensed StatesNDLicensedStatesCd
Licensed StatesOHLicensedStatesCd
Licensed StatesOKLicensedStatesCd
Licensed StatesORLicensedStatesCd
Licensed StatesPALicensedStatesCd
Licensed StatesRILicensedStatesCd
Licensed StatesSCLicensedStatesCd
Licensed StatesTNLicensedStatesCd
Licensed StatesUTLicensedStatesCd
Licensed StatesVALicensedStatesCd
Licensed StatesWALicensedStatesCd
Licensed StatesWVLicensedStatesCd
Licensed StatesWILicensedStatesCd

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1SOPAEvent1Nm
Gross Receipts Event1$879,409GrossReceiptsEvent1Amt
Charitable Contri Event1$764,079CharitableContriEvent1Amt
Gross Revenue Event1$115,330GrossRevenueEvent1Amt
Cash Prizes Event1$0CashPrizesEvent1Amt
Non Cash Prizes Event1$1,747NonCashPrizesEvent1Amt
Rent Facility Costs Event1$0RentFacilityCostsEvent1Amt
Food And Beverage Event1$176,675FoodAndBeverageEvent1Amt
Entertainment Event1$70,328EntertainmentEvent1Amt
Other Direct Expenses Event1$56,107OtherDirectExpensesEvent1Amt
Event2PWJC-FALLEvent2Nm
Gross Receipts Event2$438,029GrossReceiptsEvent2Amt
Charitable Contri Event2$248,092CharitableContriEvent2Amt
Gross Revenue Event2$189,937GrossRevenueEvent2Amt
Cash Prizes Event2$0CashPrizesEvent2Amt
Non Cash Prizes Event2$0NonCashPrizesEvent2Amt
Rent Facility Costs Event2$93,263RentFacilityCostsEvent2Amt
Food And Beverage Event2$0FoodAndBeverageEvent2Amt
Entertainment Event2$110,000EntertainmentEvent2Amt
Other Direct Expenses Event2$101,386OtherDirectExpensesEvent2Amt
Other Events Total12OtherEventsTotalCnt
Gross Receipts Other Events$955,462GrossReceiptsOtherEventsAmt
Charitable Contri Other Events$839,378CharitableContriOtherEventsAmt
Gross Revenue Other Events$116,084GrossRevenueOtherEventsAmt
Cash Prizes Other Events$0CashPrizesOtherEventsAmt
Non Cash Prizes Other Events$11,624NonCashPrizesOtherEventsAmt
Rent Fclty Costs Other Events$30,549RentFcltyCostsOtherEventsAmt
Food And Beverage Other Events$121,668FoodAndBeverageOtherEventsAmt
Entertainment Other Events$6,425EntertainmentOtherEventsAmt
Oth Direct Expnss Other Events$88,746OthDirectExpnssOtherEventsAmt
Gross Receipts Total$2,272,900GrossReceiptsTotalAmt
Charitable Contributions Tot$1,851,549CharitableContributionsTotAmt
Gross Revenue Total Events$421,351GrossRevenueTotalEventsAmt
Cash Prizes Total Events$0CashPrizesTotalEventsAmt
Non Cash Prizes Total Events$13,371NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events$123,812RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$298,343FoodAndBeverageTotalEventsAmt
Entertainment Total Events$186,753EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$246,239OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$868,518DirectExpenseSummaryEventsAmt
Net Income Summary-$447,167NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeSCHOLARSHIPSGrantTypeTxt
Recipient10178RecipientCnt
Non Cash Assistance$224,885,069NonCashAssistanceAmt
Valuation Method UsedBOOKValuationMethodUsedDesc
Non Cash AssistanceTUITION REDUCTIONNonCashAssistanceDesc

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceMONITORING USE OF GRANT FUNDS IN THE USFormAndLineReferenceDesc
ExplanationTHE 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.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Housing Allowance Or ResidenceYes (X)HousingAllowanceOrResidenceInd
Payments For Use Of ResidenceYes (X)PaymentsForUseOfResidenceInd
Club Dues Or FeesYes (X)ClubDuesOrFeesInd
Personal ServicesYes (X)PersonalServicesInd
Written Policy Ref T And E ExpnssYes (true)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (true)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (true)SupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsfalseAnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (35 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
MARVIN KRISLOV
TRUSTEE, PRESIDENT$621,732$0$0$0$139,917$0$27,450$0$312,523$0$1,101,622$0$100,000$0
ROBERT C ALMON
EVP & CFO$409,366$0$0$0$1,236$0$27,450$0$33,400$0$471,452$0$0$0
VANYA QUINONES
PRVT,EVP ACAD AFFAR TILL 8/22$270,137$0$0$0$48,928$0$24,550$0$11,243$0$354,858$0$0$0
LAWRENCE SINGLETON
DEAN, LUBIN SCHOOL OF BUSINESS$356,991$0$0$0$5,762$0$27,450$0$43,426$0$433,629$0$0$0
HORACE ANDERSON
DEAN, SCHOOL OF LAW$351,113$0$0$0$0$0$27,450$0$50,064$0$428,627$0$0$0
LAUREN BIRNEY
PROFESSOR$384,156$0$0$0$258$0$19,831$0$17,653$0$421,898$0$0$0
GARY LAERMER
VP DEV & ALUM RLTNS$368,893$0$0$0$396$0$27,450$0$18,200$0$414,939$0$0$0
JOSEPH A CAPPARELLI
VP FIN, CONTROLLER & COO$303,678$0$0$0$36,967$0$27,450$0$44,855$0$412,950$0$0$0
JONATHAN HILL
DEAN, SEIDENBERG SCHOOL$292,048$0$0$0$0$0$27,450$0$72,237$0$391,735$0$0$0
BRIDGET CRAWFORD
PROFESSOR$285,343$0$0$0$240$0$26,722$0$36,130$0$348,435$0$0$0
TRESMAINE GRIMES
DEAN, DYSON COLLEGE$305,125$0$0$0$396$0$27,450$0$17,653$0$350,624$0$0$0
MICHELLE S SIMON
PROFESSOR$300,378$0$0$0$1,512$0$34,797$0$32,651$0$369,338$0$0$0
NIRA HERRMANN
FORMER DEAN, DYSON COLLEGE$262,707$0$0$0$1,986$0$23,644$0$910$0$289,247$0$0$0
ROBINA C SCHEPP
VP FOR ENROLLMENT & PLACEMENT$308,579$0$0$0$396$0$27,450$0$17,653$0$354,078$0$0$0
PAUL DAMPIER
FRMR VP FOR IT & CIO THRU 8/15$159,469$0$0$0$2,625$0$14,885$0$17,757$0$194,736$0$0$0
JASON CZARNEZKI
PROFESSOR$304,353$0$0$0$60$0$27,302$0$17,653$0$349,368$0$0$0
MARY BAGLIVO
VP UNIV RELATIONS$285,338$0$0$0$762$0$26,035$0$17,653$0$329,788$0$0$0
HARRIET R FELDMAN
FRMR DEAN, COLLEGE HEALTH PROF$179,180$0$0$0$1,476$0$22,200$0$19,453$0$222,309$0$0$0
IBOLYA YOLAS
VP UNIV FACILITIES & CAP PROJ$242,810$0$0$0$258$0$22,769$0$30,440$0$296,277$0$0$0
RICHARD SCHLESINGER
FRMR DEAN, DYSON COLLEGE$220,847$0$0$0$1,236$0$20,793$0$30,440$0$273,316$0$0$0
JEAN C GALLAGHER
VP STRATEGIC INITIATIVES$211,809$0$0$0$498$0$20,705$0$47,705$0$280,717$0$0$0
CINDY HEILBERGER
VP FOR CORPORATE SECRETARY$217,570$0$0$0$396$0$26,580$0$17,653$0$262,199$0$0$0
TIFFANY HAMILTON
FRMR AVP, D&I, CDO TILL 10/15$145,609$0$0$0$1,240$0$13,591$0$14,177$0$174,617$0$0$0
LEILA FRANCHI
FORMER VP FOR UNIV RELATIONS$153,813$0$0$0$396$0$15,229$0$44,855$0$214,293$0$0$0
THOMAS M BRADY
TREASURER$193,245$0$0$0$840$0$17,392$0$910$0$212,387$0$0$0
MARCUS TYE
DEAN, COLLEGE OF HEALTH PROFES$292,532$0$0$0$138$0$27,450$0$33,280$0$353,400$0$0$0
SUSAN DONAHUE
FRMR INTM, AVP HR TILL 9/21$150,165$0$0$0$138$0$11,651$0$43,007$0$204,961$0$0$0
SONIA SUCHDAY
TRUSTEE, FT FACULTY MEMBER$205,558$0$0$0$258$0$15,887$0$16,200$0$237,903$0$0$0
ALEXIS SANDLER
VP & GNL COUNSEL THRU 9/30/22$146,182$0$0$0$1,840$0$11,719$0$18,439$0$178,180$0$0$0
YA TANG
PROFESSOR$271,434$0$0$0$396$0$33,228$0$29,268$0$334,326$0$0$0
NICOLE THOMPSON
SR. VP OPERAT. (AS OF 7/15/22)$267,566$0$0$0$12,941$0$32,958$0$20,241$0$333,706$0$0$0
JOSEPH FRANCO
PROVOST, EVP ACAD AFFR AS 9/22$283,187$0$0$0$396$0$32,374$0$20,503$0$336,460$0$0$0
BERNARD DUFRESNE
INTERIM AVP, CDO (AS OF 11/16)$163,534$0$0$0$294$0$11,763$0$18,842$0$194,433$0$0$0
BETH GORDON
INTRM VP IT & CIO (AS OF 08/16$203,229$0$0$0$378$0$21,570$0$20,153$0$245,330$0$0$0
LISA VALENTINO
FRMR INTERIM VP & GC (10/1-4/3$230,276$0$0$0$138$0$19,958$0$16,708$0$267,080$0$0$0

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
HOURS, PART VII AND SCHEDULE JCOMPENSATION TO FORMER OFFICERS AND FORMER KEY EMPLOYEES IS BASED ON THEIR RESPECTIVE FACULTY POSITION HELD AT PACE UNIVERSITY DURING THE CALENDAR YEAR 2022. THE AVERAGE HOURS PER WEEK FOR FULL FACULTY POSITION IS 40 HOURS.
SCHEDULE J, PART I, LINE 1A AND 1BTHE 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 4BTERMS & CONDITIONS OF SUPPLEMENTAL RETIREMENT PLAN AND PAYMENT FOR 2022: DURING 2017, THE UNIVERSITY ENTERED INTO A DEFERRED COMPENSATION AGREEMENT WITH THE PRESIDENT. UNDER THE PLAN, THE ORGANIZATION DEPOSITED $25,000 TO THE PRESIDENT'S DEFERRED COMPENSATION ACCOUNT EACH JUNE 30TH FROM JUNE 30, 2018 THROUGH JUNE 30, 2022. SUCH AMOUNTS VEST OVER THE COURSE OF THE AGREEMENT SO LONG AS THE PRESIDENT REMAINS CONTINUOUSLY EMPLOYED BY THE UNIVERSITY THROUGH JUNE 30, 2022. THE PLAN VESTED FULLY AND THE PRESIDENT RECEIVED A PAYOUT WHICH HAS BEEN REPORTED IN PART II, COLUMN B(III). A PORTION OF THE AMOUNT WAS PREVIOUSLY REPORTED AS DEFERRED COMPENSATION ON PRIOR YEAR FORMS 990 WHICH HAS BEEN REPORTED IN PART II, COLUMN F. DURING 2022, THE UNIVERSITY ENTERED INTO A NEW DEFERRED COMPENSATION AGREEMENT WITH THE PRESIDENT. NO AMOUNTS WERE CREDITED UNDER THIS PLAN IN CALENDAR YEAR 2022.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
DORMITORY AUTHORITY OF THE STATE OF NEW YORK
A146000293649907JB92013-03-07$104,775,845REFUND A PORTION OF THE OUTSTANDINYes (true)falsefalse
WESTCHESTER COUNTY LOCAL DEVELOPMENT
B45513557895737TBD72014-04-03$99,996,810FINANCE UNIVERSITY CONSTRUCTIONfalsefalsefalse

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)

Bond ReferenceBondReferenceCdRetiredRetiredAmtBond DefeasedBondDefeasedAmtTotal ProceedsTotalProceedsAmtIn Reserve FundInReserveFundAmtCapitalized InterestCapitalizedInterestAmtRefunding EscrowRefundingEscrowAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCredit EnhancementCreditEnhancementAmtWorking Capital ExpendituresWorkingCapitalExpendituresAmtCapital ExpendituresCapitalExpendituresAmtOther Spent ProceedsOtherSpentProceedsAmtUnspentUnspentAmtSubstantial CompletionSubstantialCompletionYrRefunding Tax Exempt BondsRefundingTaxExemptBondsIndRefunding Taxable BondsRefundingTaxableBondsIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintInd
A$36,275,000$805,000$105,129,649$0$0$0$957,351$0$0$33,310,261$70,752,695$02016Yes (true)falsefalseYes (true)
B$0$0$100,164,469$0$5,970,794$0$1,967,779$0$0$92,225,896$0$02018falsefalseYes (true)Yes (true)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndEngage Bond Counsel ContractsEngageBondCounselContractsIndAny Research AgreementsAnyResearchAgreementsIndEngage Bond Counsel ResearchEngageBondCounselResearchIndPrivate Bus Use By OthersPrivateBusUseByOthersPctPrivate Bus Concerning UBIPrivateBusConcerningUBIPctTotal Private Business UseTotalPrivateBusinessUsePctBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndChange In Use Bond Financed PropChangeInUseBondFinancedPropPctRemedial Action TakenRemedialActionTakenIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
AfalsefalseYes (true)Yes (true)Yes (true)Yes (true)0.000000.000000.00000falseYes (true)0.25200Yes (true)Yes (true)
BfalsefalseYes (true)Yes (true)Yes (true)Yes (true)0.000000.000000.00000falsefalsefalsefalse

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndNo Rebate DueNoRebateDueIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndBusiness Name Line1GICProviderName/BusinessNameLine1TxtGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
0
AfalseYes (true)falsefalsefalse0Yes (true)Yes (true)
0
BfalsefalseYes (true)falsefalse0falseYes (true)

Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
AYes (true)
BYes (true)

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
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 VALUESTOTAL 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, 2023 OF $353,804. THE OUTSTANDING PRINCIPAL IS $58,760,000 AS OF JUNE 30, 2023. 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, 2023.
SCHEDULE K, PART II, LINE 7 - ISSUANCE COSTS FROM PROCEEDSTHE 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 COMPLETIONCOLUMN 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 ATHE 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 USETHE 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 - ARBITRAGEIN 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.

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (13 entries)

Relationship DescriptionRelationshipDescriptionTxtTransactionTransactionAmtTransactionTransactionDescSharing Of RevenuesSharingOfRevenuesInd
SUBSTANTIAL CONTRIBUTOR
VENDOR$17,861,763Design & Constructionfalse
SUBSTANTIAL CONTRIBUTOR
VENDOR$11,609,741Janitorial Servicesfalse
SUBSTANTIAL CONTRIBUTOR
VENDOR$8,401,792Security Servicesfalse
SUBSTANTIAL CONTRIBUTOR
VENDOR$1,638,474Furniturefalse
SUBSTANTIAL CONTRIBUTOR
VENDOR$1,623,067Building Design Consultantsfalse
SUBSTANTIAL CONTRIBUTOR
VENDOR$921,325Constructionfalse
SUBSTANTIAL CONTRIBUTOR
VENDOR$661,117Constructionfalse
SUBSTANTIAL CONTRIBUTOR
VENDOR$412,314Plumbingfalse
SUBSTANTIAL CONTRIBUTOR
VENDOR$375,000Constructionfalse
SUBSTANTIAL CONTRIBUTOR
VENDOR$369,550Auditingfalse
SUBSTANTIAL CONTRIBUTOR
VENDOR$324,814Air conditioning servicesfalse
SUBSTANTIAL CONTRIBUTOR
VENDOR$169,469Legalfalse
SUBSTANTIAL CONTRIBUTOR
VENDOR$120,200Legalfalse

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE L, PART IV, COLUMN AFormAndLineReferenceDesc
ExplanationTHE 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.ExplanationTxt

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution751ContributionCnt
Noncash Contributions Rpt F990$2NoncashContributionsRptF990Amt
Method Of Determining RevenuesValued $1 per GiftMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Art Historical TreasuresArtHistoricalTreasuresGrp
Art Fractional InterestArtFractionalInterestGrp
Books And PublicationsBooksAndPublicationsGrp
Clothing And Household GoodsClothingAndHouseholdGoodsGrp
Cars And Other VehiclesCarsAndOtherVehiclesGrp
Boats And PlanesBoatsAndPlanesGrp
Intellectual PropertyIntellectualPropertyGrp

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution33ContributionCnt
Noncash Contributions Rpt F990$1,022,616NoncashContributionsRptF990Amt
Method Of Determining RevenuesQuoted PricesMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Securities Closely Held StockSecuritiesCloselyHeldStockGrp
Secur Prtnrshp Trust IntrstsSecurPrtnrshpTrustIntrstsGrp
Securities MiscellaneousSecuritiesMiscellaneousGrp
Qualified Contrib Hist StructQualifiedContribHistStructGrp
Qualified Contrib OtherQualifiedContribOtherGrp
Real Estate ResidentialRealEstateResidentialGrp
Real Estate CommercialRealEstateCommercialGrp
Real Estate OtherRealEstateOtherGrp
CollectiblesCollectiblesGrp
Food InventoryFoodInventoryGrp
Drugs And Medical SuppliesDrugsAndMedicalSuppliesGrp
TaxidermyTaxidermyGrp
Historical ArtifactsHistoricalArtifactsGrp
Scientific SpecimensScientificSpecimensGrp
Archaeological ArtifactsArchaeologicalArtifactsGrp

Other Non Cash Contri Table OtherNonCashContriTableGrp (3 entries)

Non Cash CheckboxNonCashCheckboxIndDescDescContributionContributionCntNoncash Contributions Rpt F990NoncashContributionsRptF990AmtMethod Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)Auction items13$7,397Retail Value
Yes (X)Catering1$3,615Retail Value
Yes (X)Supplies2$38,0000
FieldValueIRS element (for citing)
Form8283 Received2Form8283ReceivedCnt
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (true)ReviewProcessUnusualNCGiftsInd
Third Parties UsedfalseThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE M, PART I, COLUMN BFormAndLineReferenceDesc
ExplanationPACE UNIVERSITY USES A COMBINATION OF REPORTING THE NUMBER OF CONTRIBUTIONS AND THE NUMBER OF ITEMS RECEIVED.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990 REVIEW PROCESS, CORE FORM, PART VI, SECTION B, LINE 11ATHE 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 PRICEWATERHOUSECOOPERS, 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.
CORE FORM, PART VI, SECTION B, LINE 12CCOMPLIANCE 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.
CORE FORM 990, PART VI, SECTION B, LINE 15PROCESS 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.
CORE FORM, PART V, LINE 4A AND 4BFINANCIAL 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.
CORE FORM, PART VI, SECTION C, LINE 19AVAILABILITY 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.
CORE FORM, PART III, LINE 4OTHER 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 ASSETSCHANGE IN VALUE OF SPLIT-INTEREST AGREEMENT OF $187,330.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationInd
PACE ENVIRONMENTAL LITIGATION CLINIC
78 NORTH BROADWAYWHITE PLAINSNY10603133709483EDUCATIONNY501(C)(3)12(A)NAYes (true)
JOHN JAY LEGAL SERVICES INC
80 NORTH BROADWAYWHITE PLAINSNY10603133403308EDUCATIONNY501(C)(3)12(A)NAYes (true)

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1PACE UNIV FUND LPBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1125 HIGH STAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02110ZIPCd
FieldValueIRS element (for citing)
EIN463422188EIN
Primary ActivitiesINVESTMENTSPrimaryActivitiesTxt
Legal Domicile StateDELegalDomicileStateCd

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1PACE UNIVERSITYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Predominant Income TypeEXCLUDEDPredominantIncomeTypeTxt
Share Of Total Income$13,790,230ShareOfTotalIncomeAmt
Share Of EOY Assets$225,720,558ShareOfEOYAssetsAmt
Disproportionate AllocationsfalseDisproportionateAllocationsInd
UBI Code V$39,521UBICodeVAmt
General Or Managing PartnerfalseGeneralOrManagingPartnerInd
Ownership0.99999OwnershipPct

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)

Primary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtEntity TypeEntityTypeTxtControlled OrganizationControlledOrganizationInd
CHARITABLE REMAINDER UNITRUST (1)
TRUST DISTRIBNYPACE UNIVERSITYTfalse
POOLED LIFE INCOME FUND (1)
TRUST DISTRIBNYPACE UNIVERSITYTfalse
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsfalseReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (true)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgYes (true)GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgfalseLoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgfalseLoansOrGuaranteesFromOthOrgInd
Div Related OrganizationfalseDivRelatedOrganizationInd
Asset Sale To Other OrgfalseAssetSaleToOtherOrgInd
Asset Purchase From Other OrgfalseAssetPurchaseFromOtherOrgInd
Asset ExchangefalseAssetExchangeInd
Rental Of Facilities To Oth OrgfalseRentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgfalseRentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgfalsePerformOfServicesForOthOrgInd
Perform Of Services By Other OrgfalsePerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (true)SharingOfFacilitiesInd
Paid Employees SharingYes (true)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgfalseReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgfalseReimbursementPaidByOtherOrgInd
Transfer To Other OrgfalseTransferToOtherOrgInd
Transfer From Other OrgfalseTransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (2 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
PACE UNIVERSITY FUND LP
1C$5,600,000BOOK
PACE UNIVERSITY FUND LP
1B$3,667,588BOOK

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE R, PART III - RELATED ORGANIZATION TAXABLE PARTNERSHIPFormAndLineReferenceDesc
ExplanationPACE 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, 2023.ExplanationTxt