2024-04-19T09:54:45-05:00 2023-06-30 PwC US Tax LLP 2001 MARKET ST SUITE 1800 PHILADELPHIA PA 19103 990 2022-07-01 135562314 PACE UNIVERSITY % ROBERT C ALMON PACE 9149232402 ONE PACE PLAZA NEW YORK NY 100381598 JOSEPH CAPPARELLI VP FIN, CNTRLLR, CCO 9149232402 2024-04-18 true JOSEPH CAPPARELLI 999009999 SAPNA P VASU P00545692 2673303000 2024-04-18 3 2022 2023-04-26 12:10:37Z MARVIN KRISLOV ONE PACE PLAZA NEW YORK NY 100381598 792846979 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 4945 1600 39630 0 27814321 53074917 572635259 615166283 25461881 12209697 1894892 2131689 627806353 682582586 214515973 224885069 0 0 196874033 225260628 633125 469571 8164033 174130721 187528073 586153852 638143341 41652501 44439245 1093406747 1300057209 696807936 837516531 396598811 462540678 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 144354219 0 532664702 INSTRUCTIONAL - TO PROVIDE PERSONNEL, SUPPLIES, EQUIPMENT AND OTHER MATERIALS FOR THE INSTRUCTION OF FULL AND PART-TIME GRADUATE AND UNDERGRADUATE STUDENTS. 224885069 224885069 0 SCHOLARSHIPS - TO PROVIDE STUDENTS WITH ACADEMIC AND/OR NEED-BASED TUITION ASSISTANCE. 82257773 0 73707134 AUXILIARIES - TO MEET NON-INSTRUCTIONAL NEEDS OF STUDENTS SUCH AS DORMS AND CAFETERIA SERVICES. 62581916 0 6332426 ACADEMIC SUPPORT 43954957 0 2462013 STUDENT SERVICES 4269421 0 8 RESEARCH 110806294 0 8794447 562303355 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 519 0 true 4945 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 X MARVIN KRISLOV TRUSTEE, PRESIDENT 40.0 0.0 X X 761649 0 339973 ROBERT C ALMON EVP & CFO 40.0 0.0 X 410602 0 60850 LAWRENCE SINGLETON DEAN, LUBIN SCHOOL OF BUSINESS 40.0 0.0 X 362753 0 70876 HORACE ANDERSON DEAN, SCHOOL OF LAW 40.0 0.0 X 351113 0 77514 LAUREN BIRNEY PROFESSOR 40.0 0.0 X 384414 0 37484 GARY LAERMER VP DEV & ALUM RLTNS 40.0 0.0 X 369289 0 45650 JOSEPH A CAPPARELLI VP FIN, CONTROLLER & COO 40.0 0.0 X 340645 0 72305 JONATHAN HILL DEAN, SEIDENBERG SCHOOL 40.0 0.0 X 292048 0 99687 MICHELLE S SIMON PROFESSOR 40.0 0.0 X 301890 0 67448 VANYA QUINONES PRVT,EVP ACAD AFFAR TILL 8/22 40.0 0.0 X 319065 0 35793 ROBINA C SCHEPP VP FOR ENROLLMENT & PLACEMENT 40.0 0.0 X 308975 0 45103 MARCUS TYE DEAN, COLLEGE OF HEALTH PROFES 40.0 0.0 X 292670 0 60730 TRESMAINE GRIMES DEAN, DYSON COLLEGE 40.0 0.0 X 305521 0 45103 JASON CZARNEZKI PROFESSOR 40.0 0.0 X 304413 0 44955 BRIDGET CRAWFORD PROFESSOR 40.0 0.0 X 285583 0 62852 JOSEPH FRANCO PROVOST, EVP ACAD AFFR AS 9/22 40.0 0.0 X 283583 0 52877 YA TANG PROFESSOR 40.0 0.0 X 271830 0 62496 NICOLE THOMPSON SR. VP OPERAT. (AS OF 7/15/22) 40.0 0.0 X 280507 0 53199 MARY BAGLIVO VP UNIV RELATIONS 40.0 0.0 X 286100 0 43688 IBOLYA YOLAS VP UNIV FACILITIES & CAP PROJ 40.0 0.0 X 243068 0 53209 NIRA HERRMANN FORMER DEAN, DYSON COLLEGE 40.0 0.0 X 264693 0 24554 JEAN C GALLAGHER VP STRATEGIC INITIATIVES 40.0 0.0 X 212307 0 68410 RICHARD SCHLESINGER FRMR DEAN, DYSON COLLEGE 40.0 0.0 X 222083 0 51233 LISA VALENTINO FRMR INTERIM VP & GC (10/1-4/3 40.0 0.0 X 230414 0 36666 CINDY HEILBERGER VP FOR CORPORATE SECRETARY 40.0 0.0 X 217966 0 44233 BETH GORDON INTRM VP IT & CIO (AS OF 08/16 40.0 0.0 X 203607 0 41723 SONIA SUCHDAY TRUSTEE, FT FACULTY MEMBER 40.0 0.0 X 205816 0 32087 HARRIET R FELDMAN FRMR DEAN, COLLEGE HEALTH PROF 40.0 0.0 X 180656 0 41653 LEILA FRANCHI FORMER VP FOR UNIV RELATIONS 40.0 0.0 X 154209 0 60084 THOMAS M BRADY TREASURER 40.0 0.0 X 194085 0 18302 SUSAN DONAHUE FRMR INTM, AVP HR TILL 9/21 40.0 0.0 X 150303 0 54658 PAUL DAMPIER FRMR VP FOR IT & CIO THRU 8/15 40.0 0.0 X 162094 0 32642 BERNARD DUFRESNE INTERIM AVP, CDO (AS OF 11/16) 40.0 0.0 X 163828 0 30605 ALEXIS SANDLER VP & GNL COUNSEL THRU 9/30/22 40.0 0.0 X 148022 0 30158 TIFFANY HAMILTON FRMR AVP, D&I, CDO TILL 10/15 40.0 0.0 X 146849 0 27768 JEFFREY BARNETT VP STUDENT AFFR & DEAN AS 10/1 40.0 0.0 X 67339 0 17225 NILA BHAUMIK VP FOR HUMAN RES (AS OF 10/22) 40.0 0.0 X 74458 0 7021 PETA-GAY CLARKE TRUSTEE 1.0 0.0 X 3051 0 0 PHOTEINE M ANAGNOSTOPOULOS TRUSTEE 1.0 0.0 X 0 0 0 MARK M BESCA TRUSTEE 1.0 0.0 X 0 0 0 MICHAEL A CLINTON TRUSTEE 1.0 0.0 X 0 0 0 MICHAEL DISIMONE TRUSTEE 1.0 0.0 X 0 0 0 CHRISTOPHER A EDWARDS TRUSTEE 1.0 0.0 X 0 0 0 JOSEPH R FICALORA TRUSTEE 1.0 0.0 X 0 0 0 MARKI FLANNERY TRUSTEE 1.0 0.0 X 0 0 0 JOHN A GERSON TRUSTEE 1.0 0.0 X 0 0 0 THOMAS GIBBONS TRUSTEE 1.0 0.0 X 0 0 0 CYNTHIA GREER GOLDSTEIN TRUSTEE 1.0 0.0 X 0 0 0 BARRY M GOSIN TRUSTEE 1.0 0.0 X 0 0 0 LILIANE A HAUB TRUSTEE 1.0 0.0 X 0 0 0 HEMANT KHEMKA TRUSTEE 1.0 0.0 X 0 0 0 DAVID Z HIRSH TRUSTEE 1.0 0.0 X 0 0 0 JOSEPH IANNIELLO TRUSTEE 1.0 0.0 X 0 0 0 CHARLES MAK TRUSTEE 1.0 0.0 X 0 0 0 MARTIN MCELROY TRUSTEE 1.0 0.0 X 0 0 0 AUDREY MURPHY TRUSTEE 1.0 0.0 X 0 0 0 DONNA MURPHY TRUSTEE 1.0 0.0 X 0 0 0 JOHN T O'CONNOR TRUSTEE 1.0 0.0 X 0 0 0 THOMAS J QUINLAN III TRUSTEE 1.0 0.0 X 0 0 0 ROBERT ROBOTTI TRUSTEE 1.0 0.0 X 0 0 0 CHRISTOPHER ROKER TRUSTEE 1.0 0.0 X 0 0 0 ROBERT S SANDS TRUSTEE 1.0 0.0 X 0 0 0 IVAN G SEIDENBERG TRUSTEE 1.0 0.0 X 0 0 0 ZUBEEN SHROFF TRUSTEE, LEFT DURING FY2023 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 7903181 0 1656888 518 true true false Collins Building Services 24-01 44th Road 15th Fl LONG ISLAND CITY NY 11101 CLEANING 10928429 Chartwells Dining Service 303 Crossways Park Drive WOODBURY NY 11797 FOOD SERVICES 14992906 Allied Universal Security Services Eight Tower Bridge 161 Washington CONSHOHOCKEN PA 19428 SECURITY 7388641 Andron Construction Corp 21 Anderson Lane GOLDENS BRIDGE NY 10526 Construction 2503799 NYCAN Builders LLC 151 W 19th St 4th FL NEW YORK NY 10011 Construction 2447316 175 1851549 15880130 35343238 1071630 53074917 TUITION AND FEES 900099 540310960 540310960 DORMITORY RENTALS 900099 58261489 58261489 FOOD SERVICE REVENUE 900099 15445645 15445645 ACADEMIC ACTIVITIES 900099 955539 955539 BOOKSTORE COMMISSIONS 900099 97958 97958 94692 94692 615166283 5880529 39630 5840899 104724 104724 167457 167457 1074466 980669 93797 0 93797 93797 112702042 1937608 108415206 4286836 1937608 6224444 6224444 421351 1851549 868518 -447167 -447167 0 0 0 0 0 0 CONFERENCE CENTER AND OTHER REVENUE 532310 2303268 2303268 FUNDS HELD BY TRUSTEES 900099 14334 14334 2317602 682582586 615166283 39630 14301756 0 224885069 224885069 0 0 8527392 2816807 5118228 592357 0 165459592 140211762 21690792 3557038 11010679 9330537 1443436 236706 28109180 23819940 3684951 604289 12153785 10027002 1838562 288221 0 532398 185907 345591 900 394747 394747 130723 130723 469571 469571 1172022 1172022 12188263 7737255 4116030 334978 3506843 3268652 231840 6351 9885374 7432166 2379345 73863 8578391 1624604 6624867 328920 0 81485359 71057587 10427772 3557307 3064694 396053 96560 0 744374 520151 195832 28391 8607499 7867882 739617 0 18750782 16696893 2053889 3052649 1722301 1330348 MEAL COSTS,STUDENT ACTIVITIES 14734869 14547867 96115 90887 EQUIPMENT REPAIR, SERVICES 3080429 2923436 156993 LIBRARY BOOKS PURCHASES 1459471 1459215 256 STUDENT RECRUITMENT 8482514 8482514 7184059 2621114 3107944 1455001 638143341 562303355 67675953 8164033 0 0 8466550 6301536 9862138 38710090 13526507 15585624 0 0 0 0 4443358 3507666 0 0 4487391 6252919 764650050 264964127 459811430 499685923 138468095 152992517 76696971 83975322 0 0 0 0 377644307 493045612 1093406747 1300057209 48298705 64193971 7443347 6460423 16593216 24702230 167367302 162233719 0 0 0 0 13678128 12886131 0 0 443427238 567040057 696807936 837516531 X 171866897 193968265 224731914 268572413 396598811 462540678 1093406747 1300057209 X 44439245 21315234 187388 X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true false false false false true 130723 false true 774 131497 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. 2 2 X false 210436818 2254474 27317270 4034919 3569268 232404375 250615147 6347980 -25711021 3952685 16862603 210436818 193827052 14599339 64091011 3385180 18517075 250615147 193048642 3815808 8107993 3434014 7711377 193827052 181853820 2159795 15180101 3397489 2747585 193048642 0.05630 0.54170 0.40200 false true true 12453325 12453325 588961517 153136056 435825461 40827758 23806760 17020998 121637838 88021311 33616527 769612 769612 499685923 COMINGLED FUNDS 40285210 F ALT- INVESTMENTS- LONG/SHORT 2427965 F ALT- INVESTMENTS- LLP,LLC 41262147 F 83975322 FUNDS HELD BY BOND TRUSTEES 1650467 INVEST DESIGN FOR CONSTRUCTION 57858062 RIGHT OF USE ASSETS 433537083 493045612 0 LEASE LIABILITIES 523111466 ACCRUED PSTRETIRE. BEN. OBLG. 36670872 ASSET RETIREMENT OBLIGATION 7257719 567040057 X 479877303 21315234 187388 21502622 458374681 1172022 223035883 224207905 682582586 413935436 1849186 1849186 412086250 1172022 224885069 226057091 638143341 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 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 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 30,2023, 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 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, 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 RETURN CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENT OF $187,388 SCH D, PART XI, LINE 4B-OTHER AMOUNTS INCLUDED IN RETURN BUT NOT IN BOOKS SCHOLARSHIPS 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 RETURN SPECIAL 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 BOOKS SCHOLARSHIPS OF $224,885,069 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). East Asia and the Pacific 0 1 Program Services Recruitment 263794 South Asia Program Services Conferences,Dues,Other 9965 North America Program Services Conferences,Dues,Other 2768 East Asia and the Pacific Program Services Conferences,Dues,Other 5300 Central America and the Caribbean Program Services Conferences,Dues,Other 18828 Europe (Including Iceland and Greenland) Program Services Conferences,Dues,Other 100023 Middle East and North Africa Program Services Conferences,Dues,Other 141000 Russia and the Newly Independent States Program Services Conferences,Dues,Other 150 South America Program Services Conferences,Dues,Other 725 Sub-Saharan Africa Program Services Conferences,Dues,Other 2599 Europe (Including Iceland and Greenland) 0 5 Program Services Recruitment 3772770 Middle East and North Africa 0 1 Program Services Recruitment 198532 North America Program Services Recruitment 12078 South America Program Services Recruitment 2754 South Asia 0 14 Program Services Recruitment 1846628 Sub-Saharan Africa Program Services Recruitment 5197 East Asia and the Pacific Program Services STUDY ABROAD 21213 Europe (Including Iceland and Greenland) Program Services STUDY ABROAD 898724 South America Program Services STUDY ABROAD 1080 0 21 0 21 6404324 899804 7304128 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 107557 281706 -174149 Stelter 10435 NEW YORK AVENUE Des Moines IA 50322 Strategy false 0 6475 -6475 Orr Group 3000 K STREETNW SUITE E280 Washington DC 20007 Consulting false 0 181390 -181390 107557 469571 -362014 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 VA WA WV WI SOPA 879409 764079 115330 0 1747 0 176675 70328 56107 PWJC-FALL 438029 248092 189937 0 0 93263 0 110000 101386 12 955462 839378 116084 0 11624 30549 121668 6425 88746 2272900 1851549 421351 0 13371 123812 298343 186753 246239 868518 -447167 true SCHOLARSHIPS 10178 224885069 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 false true false false false false false false false MARVIN KRISLOV TRUSTEE, PRESIDENT 621732 0 0 0 139917 0 27450 0 312523 0 1101622 0 100000 0 ROBERT C ALMON EVP & CFO 409366 0 0 0 1236 0 27450 0 33400 0 471452 0 0 0 VANYA QUINONES PRVT,EVP ACAD AFFAR TILL 8/22 270137 0 0 0 48928 0 24550 0 11243 0 354858 0 0 0 LAWRENCE SINGLETON DEAN, LUBIN SCHOOL OF BUSINESS 356991 0 0 0 5762 0 27450 0 43426 0 433629 0 0 0 HORACE ANDERSON DEAN, SCHOOL OF LAW 351113 0 0 0 0 0 27450 0 50064 0 428627 0 0 0 LAUREN BIRNEY PROFESSOR 384156 0 0 0 258 0 19831 0 17653 0 421898 0 0 0 GARY LAERMER VP DEV & ALUM RLTNS 368893 0 0 0 396 0 27450 0 18200 0 414939 0 0 0 JOSEPH A CAPPARELLI VP FIN, CONTROLLER & COO 303678 0 0 0 36967 0 27450 0 44855 0 412950 0 0 0 JONATHAN HILL DEAN, SEIDENBERG SCHOOL 292048 0 0 0 0 0 27450 0 72237 0 391735 0 0 0 BRIDGET CRAWFORD PROFESSOR 285343 0 0 0 240 0 26722 0 36130 0 348435 0 0 0 TRESMAINE GRIMES DEAN, DYSON COLLEGE 305125 0 0 0 396 0 27450 0 17653 0 350624 0 0 0 MICHELLE S SIMON PROFESSOR 300378 0 0 0 1512 0 34797 0 32651 0 369338 0 0 0 NIRA HERRMANN FORMER DEAN, DYSON COLLEGE 262707 0 0 0 1986 0 23644 0 910 0 289247 0 0 0 ROBINA C SCHEPP VP FOR ENROLLMENT & PLACEMENT 308579 0 0 0 396 0 27450 0 17653 0 354078 0 0 0 PAUL DAMPIER FRMR VP FOR IT & CIO THRU 8/15 159469 0 0 0 2625 0 14885 0 17757 0 194736 0 0 0 JASON CZARNEZKI PROFESSOR 304353 0 0 0 60 0 27302 0 17653 0 349368 0 0 0 MARY BAGLIVO VP UNIV RELATIONS 285338 0 0 0 762 0 26035 0 17653 0 329788 0 0 0 HARRIET R FELDMAN FRMR DEAN, COLLEGE HEALTH PROF 179180 0 0 0 1476 0 22200 0 19453 0 222309 0 0 0 IBOLYA YOLAS VP UNIV FACILITIES & CAP PROJ 242810 0 0 0 258 0 22769 0 30440 0 296277 0 0 0 RICHARD SCHLESINGER FRMR DEAN, DYSON COLLEGE 220847 0 0 0 1236 0 20793 0 30440 0 273316 0 0 0 JEAN C GALLAGHER VP STRATEGIC INITIATIVES 211809 0 0 0 498 0 20705 0 47705 0 280717 0 0 0 CINDY HEILBERGER VP FOR CORPORATE SECRETARY 217570 0 0 0 396 0 26580 0 17653 0 262199 0 0 0 TIFFANY HAMILTON FRMR AVP, D&I, CDO TILL 10/15 145609 0 0 0 1240 0 13591 0 14177 0 174617 0 0 0 LEILA FRANCHI FORMER VP FOR UNIV RELATIONS 153813 0 0 0 396 0 15229 0 44855 0 214293 0 0 0 THOMAS M BRADY TREASURER 193245 0 0 0 840 0 17392 0 910 0 212387 0 0 0 MARCUS TYE DEAN, COLLEGE OF HEALTH PROFES 292532 0 0 0 138 0 27450 0 33280 0 353400 0 0 0 SUSAN DONAHUE FRMR INTM, AVP HR TILL 9/21 150165 0 0 0 138 0 11651 0 43007 0 204961 0 0 0 SONIA SUCHDAY TRUSTEE, FT FACULTY MEMBER 205558 0 0 0 258 0 15887 0 16200 0 237903 0 0 0 ALEXIS SANDLER VP & GNL COUNSEL THRU 9/30/22 146182 0 0 0 1840 0 11719 0 18439 0 178180 0 0 0 YA TANG PROFESSOR 271434 0 0 0 396 0 33228 0 29268 0 334326 0 0 0 NICOLE THOMPSON SR. VP OPERAT. (AS OF 7/15/22) 267566 0 0 0 12941 0 32958 0 20241 0 333706 0 0 0 JOSEPH FRANCO PROVOST, EVP ACAD AFFR AS 9/22 283187 0 0 0 396 0 32374 0 20503 0 336460 0 0 0 BERNARD DUFRESNE INTERIM AVP, CDO (AS OF 11/16) 163534 0 0 0 294 0 11763 0 18842 0 194433 0 0 0 BETH GORDON INTRM VP IT & CIO (AS OF 08/16 203229 0 0 0 378 0 21570 0 20153 0 245330 0 0 0 LISA VALENTINO FRMR INTERIM VP & GC (10/1-4/3 230276 0 0 0 138 0 19958 0 16708 0 267080 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 2022. 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 4B TERMS & 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. 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 36275000 805000 105129649 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, 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 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 17861763 Design & Construction false SUBSTANTIAL CONTRIBUTOR VENDOR 11609741 Janitorial Services false SUBSTANTIAL CONTRIBUTOR VENDOR 8401792 Security Services false SUBSTANTIAL CONTRIBUTOR VENDOR 1638474 Furniture false SUBSTANTIAL CONTRIBUTOR VENDOR 1623067 Building Design Consultants false SUBSTANTIAL CONTRIBUTOR VENDOR 921325 Construction false SUBSTANTIAL CONTRIBUTOR VENDOR 661117 Construction false SUBSTANTIAL CONTRIBUTOR VENDOR 412314 Plumbing false SUBSTANTIAL CONTRIBUTOR VENDOR 375000 Construction false SUBSTANTIAL CONTRIBUTOR VENDOR 369550 Auditing false SUBSTANTIAL CONTRIBUTOR VENDOR 324814 Air conditioning services false SUBSTANTIAL CONTRIBUTOR VENDOR 169469 Legal false SUBSTANTIAL CONTRIBUTOR VENDOR 120200 Legal 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 751 2 Valued $1 per Gift X 33 1022616 Quoted Prices X Auction items 13 7397 Retail Value X Catering 1 3615 Retail Value X Supplies 2 38000 0 2 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 REVIEW PROCESS, CORE FORM, PART VI, SECTION B, LINE 11A 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 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 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. CORE 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. CORE FORM, 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. CORE FORM, 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. CORE FORM, 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 $187,330. 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 13790230 225720558 false 39521 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 true true false false false false false false false false false false true true false false false false PACE UNIVERSITY FUND LP 1C 5600000 BOOK PACE UNIVERSITY FUND LP 1B 3667588 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, 2023.