WILLIAM MARSH RICE UNIVERSITY: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- WILLIAM MARSH RICE UNIVERSITY (EIN 74-1109620)
- Tax period
- 2022-07-01 to 2023-06-30
- Filed
- 2024-05-08
- IRS object ID
- 202421299349300847
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule E
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule K
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-05-08T09:21:29+00:00 | ReturnTs |
| Tax Period End | 2023-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 920460586 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PwC US Tax LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2001 MARKET ST SUITE 1800 | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19103 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 741109620 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | William Marsh Rice University | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | WILL | BusinessNameControlTxt |
| Phone | 7133480000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6100 Main St MS 70 | AddressLine1Txt |
| City | Houston | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 770051827 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Katrina Spencer | PersonNm |
| Person Title | Sr. Associate VP, CFO & Treasurer | PersonTitleTxt |
| Signature | 2024-05-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Katrina | PersonFirstNm |
| Person Last | Spencer | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ERIC M MCNEIL | PreparerPersonNm |
| PTIN | P00460263 | PTIN |
| Phone | 2673303000 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
Principal Ofcr Business Name PrincipalOfcrBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Reginald DesRoches | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6100 Main St MS 70 | AddressLine1Txt |
| City | Houston | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 770051827 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $1,746,698,870 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.rice.edu | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1908 | FormationYr |
| Legal Domicile State | TX | LegalDomicileStateCd |
| Activity Or Mission | Research and education | ActivityOrMissionDesc |
| Voting Members Governing Body | 25 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 22 | VotingMembersIndependentCnt |
| Total Employee | 8883 | TotalEmployeeCnt |
| Total Volunteers | 3500 | TotalVolunteersCnt |
| Total Gross UBI | $33,223,764 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $275,650,613 | PYContributionsGrantsAmt |
| CY Contributions Grants | $278,139,634 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $514,452,011 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $544,275,179 | CYProgramServiceRevenueAmt |
| PY Investment Income | $537,757,878 | PYInvestmentIncomeAmt |
| CY Investment Income | $283,029,310 | CYInvestmentIncomeAmt |
| PY Other Revenue | $44,637,237 | PYOtherRevenueAmt |
| CY Other Revenue | $20,196,400 | CYOtherRevenueAmt |
| PY Total Revenue | $1,372,497,739 | PYTotalRevenueAmt |
| CY Total Revenue | $1,125,640,523 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $253,728,322 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $257,352,458 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $463,040,469 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $517,689,006 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $24,987,286 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $321,953,360 | PYOtherExpensesAmt |
| CY Other Expenses | $368,574,645 | CYOtherExpensesAmt |
| PY Total Expenses | $1,038,722,151 | PYTotalExpensesAmt |
| CY Total Expenses | $1,143,616,109 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $333,775,588 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$17,975,586 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $9,509,125,671 | TotalAssetsBOYAmt |
| Total Assets EOY | $9,240,780,818 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,413,426,452 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,443,554,086 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $8,095,699,219 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $7,797,226,732 | NetAssetsOrFundBalancesEOYAmt |
| Mission | As a leading research university with a distinctive commitment to undergraduate education, Rice University aspires to path breaking research, unsurpassed teaching, and contributions to the betterment of our world. It seeks to fulfill this mission by cultivating a diverse community of learning and discovery that produces leaders across the spectrum of human endeavor. The University enrolls approximately 4,200 undergraduate and 4,000 graduate students. Approximately 70% of undergraduate students receive financial aid, as do almost all doctoral students. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $823,820,731 | ExpenseAmt |
| Grant | $251,139,848 | GrantAmt |
| Revenue | $506,797,453 | RevenueAmt |
| Desc | Departmental research and instruction, and other institutional activities. Rice University is accredited by the Southern Association Of Colleges And Schools Commission On Colleges (SACS-COC), Accreditation Board For Engineering And Technology (ABET), International Association for Management Education (AACSB International), National Architectural Accrediting Board (NAAB), and the Texas Education Agency (TEA). Rice serves approximately 4,200 undergraduate and 4,000 graduate students, as well as 13,000 life-long learners. For the cohort entering Fall 2015 the six-year undergraduate graduation rate is 2.3 percent. Rice offers more than 50 undergraduate majors across six schools of study: Social Sciences, Natural Sciences, Engineering, Humanities, Music and Architecture. In conjunction with various majors, students can take courses that satisfy the requirements for admission to medical, dental, law or graduate school, or that lead to teacher certification. The university offers four online master's degrees to deliver education to working professionals who may not have the option to study on campus: MBA@Rice, Master of Computer Science, Master of Data Science, and Master of Engineering Management and Leadership. The university also offers online courses for credit and for life-long learning, both during the academic year and in summer sessions. To date, over 2 million learners have enrolled in computer science, engineering, physics, and other courses taught by Rice's award-winning faculty, and 90,000 learners have completed at least one online course. Rice University has an undergraduate student-to-faculty ratio of 6 to 1. In general, classes are small enough for each professor to know every student's name, so there is ample opportunity for personal attention. Rice is ranked among the top 20 nationally by the US News and World Report in the 2020 edition, as in every edition since first ranked in 1988, and the Princeton Review ranked Rice in the top ten for "Happiest Students," "College with Great Financial Aid," "Best Career Placement, "LGBTQ-friendly" among other accolades in the 2020 edition. In Kiplinger's "Best College Values" 2019, Rice ranks No. 5 among private universities and No. 8 among private and public schools combined. Rice offers over 70 masters and doctoral degrees in the Humanities, Liberal Studies, Social Sciences, Natural Sciences, Engineering, Architecture, Music, and Business. Graduate programs are small to medium-sized, offering the opportunity to work closely with graduate advisors. Proximity to both the Houston Museum District and the renowned Texas Medical Center allows for exceptional access to the visual arts as well as cutting-edge biomedical research. The many interdisciplinary centers and institutes enhance the experience of students across all disciplines. The school attracts more than 16,000 enrollments each year to its non-credit and credit programs. Rice is located in Houston, Texas, the nation's fourth-largest city, the energy capital of the world and a dynamic international business and cultural center, on a 300-acre, tree-lined campus just a few miles from downtown. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $167,884,000 | ExpenseAmt |
| Grant | $6,212,610 | GrantAmt |
| Revenue | $4,771,853 | RevenueAmt |
| Desc | Basic scientific research and training and other sponsored educational programs. From its inception, Rice has been dedicated, in the words of its first president Edgar Odell Lovett,"As much to investigation as to instruction to providing a setting in which faculty would join the "pleasures of teaching" with "the privileges of research." The university has realized much of this ambition with distinction in undergraduate education and research excellence across many disciplines. Rice is home to more than 40 interdisciplinary research centers, institutes and consortia, and research is a fundamental part of the undergraduate experience. The university has produced Fulbright Scholars, Marshall Scholars, Watson Fellows, Mellon Fellows, National Science Foundation Fellows, and Rhodes Scholars among other honors and awards. The university has a very high level of research activity for its size, with $210 million in sponsored research funding in 2023. Rice is noted for its applied science programs in the fields of artificial heart research, structural chemical analysis, signal processing, space science and nanotechnology. It was ranked in the top 10% of institutions based on citations per faculty per academic analytics data. Rice has 683 full-time and 196 part-time faculty members. Ninty-nine percent of full-time faculty hold Ph.D.s or equivalent terminal degrees in their field. Because of their pioneering research, Rice faculty have been honored with numerous prestigious awards and accolades over the years. In 1996, Rice professors Richard Smalley and Robert Curl (now deceased) received the Nobel Prize for their discovery of a unique molecular form of carbon that heralded the new era of nanotechnology research. In 2011, Richard Tapia, a Rice mathematician and longtime champion of diversity In U.S. education, received the National Medal of Science from President Barack Obama for his work in optimization theory and numerical analysis, as well as for his mentoring of women and under-represented minorities in the fields of mathematics and science. As of February 2018, Rice had 12 faculty members in the National Academy of Engineering, 10 in the National Academy of Science, four in the Institute of Medicine, and six in the National Humanities Center. In 2016, Dr. Rebecca Richards-Kortum won a prestigious Macarthur Fellowship. Rice's commitment to scientific research can be seen in the construction of the Bioscience Research Collaborative, a 488,000- square-foot facility where scientists and educators from Rice and other Texas Medical Center institutions work together on research that benefits human medicine and health, and the Brockman Hall for Physics, a state-of-the-art 110,000 square-foot facility that includes vibration and noise controlled underground laboratories. Rice also has an active research agenda in the social sciences and humanities. The Baker Institute for Public Policy is one of the leading nonpartisan public policy think tanks in the country and conducts research on domestic and foreign policy issues. The Humanities Research Center fosters international and interdisciplinary connections with workshops and large conferences. Focus areas include questions of energy and energy transitions, the Civic Humanists program, and the Our Americas Archive Partnership. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $26,401,000 | ExpenseAmt |
| Revenue | $3,081,652 | RevenueAmt |
| Desc | Operations of a library that serves students, faculty, staff, alumni, and friends of William Marsh Rice University and is open to the public by charter. The Fondren Library subscribes to approximately 72,000 current journals (print and electronic) and houses over 3,032,000 print volumes and 3,276,000 units of microforms. The collections include audiovisuals, music recordings, scores, and other special formats. An increasing amount of library resources are provided online. The library is a selective depository for U.S. and Texas government publications and a depository for documentation of U.S. patents and trademarks. The Brown Fine Arts Library contains over 200,000 volumes related to art, architecture, classical archaeology, and music. All library patrons are welcome to use fine arts materials and facilities, including listening equipment, VHS, DVD, and Laserdisc players. The Gilbert and Ruth Whitaker Business Information Center provides additional specialized resources in its nearby space, designed by noted architect Robert A.M. Stern. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $1,018,105,731 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (true) | LobbyingActivitiesInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | Yes (true) | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (true) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (true) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Foreign Office | Yes (true) | ForeignOfficeInd |
| Foreign Activities | Yes (true) | ForeignActivitiesInd |
| More Than5000 K To Org | Yes (true) | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (true) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | Yes (true) | InvestTaxExemptBondsInd |
| Escrow Account | false | EscrowAccountInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | Yes (true) | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | Yes (true) | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (true) | DeductibleNonCashContriInd |
| Deductible Art Contribution | Yes (true) | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | Yes (true) | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (true) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (true) | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | Yes (true) | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| Info In Schedule O Part V | Yes (X) | InfoInScheduleOPartVInd |
| IRP Document | 3512 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 8883 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | Yes (true) | ForeignFinancialAccountInd |
| Foreign Country | HU | ForeignCountryCd |
| Foreign Country | MI | ForeignCountryCd |
| Foreign Country | PL | ForeignCountryCd |
| Foreign Country | RO | ForeignCountryCd |
| Foreign Country | UK | ForeignCountryCd |
| Foreign Country | CA | ForeignCountryCd |
| Foreign Country | UC | ForeignCountryCd |
| Foreign Country | FR | ForeignCountryCd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (true) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (true) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | Yes (true) | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | Yes (true) | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 25 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 22 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (true) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | Yes (true) | InvestmentInJointVentureInd |
| Written Policy Or Procedure | Yes (true) | WrittenPolicyOrProcedureInd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NM | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ND | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | RI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | VT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WA | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Bradley W Fralic | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7133484927 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6100 Main St MS 70 | AddressLine1Txt |
| City | Houston | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77005 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (63 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | OfficerOfficerInd | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|---|---|
| Asuka Nakahara | ||||||||||
| Trustee | 2.0 | Yes (X) | $0 | $0 | $0 | |||||
| Bart Broadman | ||||||||||
| Trustee | 2.0 | Yes (X) | $0 | $0 | $0 | |||||
| Brandy Morrison | ||||||||||
| Trustee | 2.0 | Yes (X) | $0 | $0 | $0 | |||||
| Brian Patterson | ||||||||||
| Trustee | 2.0 | Yes (X) | $0 | $0 | $0 | |||||
| Byron Pope | ||||||||||
| Trustee | 2.0 | Yes (X) | $0 | $0 | $0 | |||||
| Claudia Gee Vassar | ||||||||||
| Trustee | 2.0 | Yes (X) | $0 | $0 | $0 | |||||
| David Rhodes | ||||||||||
| Trustee | 2.0 | Yes (X) | $0 | $0 | $0 | |||||
| Elle Anderson | ||||||||||
| Trustee | 2.0 | Yes (X) | $0 | $0 | $0 | |||||
| Elle Moody | ||||||||||
| Trustee | 2.0 | Yes (X) | $0 | $0 | $0 | |||||
| George Gonzalez | ||||||||||
| Trustee | 2.0 | Yes (X) | $0 | $0 | $0 | |||||
| Gloria Tarpley | ||||||||||
| Trustee | 2.0 | Yes (X) | $0 | $0 | $0 | |||||
| Holli Ladhani | ||||||||||
| Trustee | 2.0 | Yes (X) | $0 | $0 | $0 | |||||
| James T Hackett | ||||||||||
| Trustee | 2.0 | Yes (X) | $10,900 | $0 | $0 | |||||
| James Whitehurst | ||||||||||
| Trustee | 2.0 | Yes (X) | $0 | $0 | $0 | |||||
| Jeremy Thigpen | ||||||||||
| Trustee | 2.0 | Yes (X) | $0 | $0 | $0 | |||||
| Lori Whitten | ||||||||||
| Trustee | 2.0 | Yes (X) | $0 | $0 | $0 | |||||
| Lynn A Lednicky | ||||||||||
| Trustee | 2.0 | Yes (X) | $0 | $0 | $0 | |||||
| Mark Durcan | ||||||||||
| Trustee | 2.0 | Yes (X) | $0 | $0 | $0 | |||||
| Michael Yuen | ||||||||||
| Trustee | 2.0 | Yes (X) | $0 | $0 | $0 | |||||
| Michol L Ecklund | ||||||||||
| Trustee | 2.0 | Yes (X) | $0 | $0 | $0 | |||||
| Patricia L Kraft | ||||||||||
| Trustee | 2.0 | Yes (X) | $0 | $0 | $0 | |||||
| Randa Duncan Williams | ||||||||||
| Trustee | 2.0 | Yes (X) | $0 | $0 | $0 | |||||
| Robert T Ladd | ||||||||||
| Chair, Board of Trustees | 5.0 | Yes (X) | $0 | $0 | $0 | |||||
| Terrence Gee | ||||||||||
| Trustee | 2.0 | Yes (X) | $0 | $0 | $0 | |||||
| Wanda Gass | ||||||||||
| Trustee | 2.0 | Yes (X) | $0 | $0 | $0 | |||||
| Allison Thacker | ||||||||||
| Chief Investment Officer, Treasurer, Assistant Secretary | 40.0 | $1,010,215 | $0 | $68,180 | 8.0 | Yes (X) | ||||
| Amy Dittmar | ||||||||||
| Provost and Executive Vice President for Academic Affairs (Beg Aug 22) | 40.0 | $329,365 | $0 | $26,395 | 3.0 | Yes (X) | ||||
| Bradley Fralic | ||||||||||
| Associate VP Finance, Controller, Associate Treasurer | 40.0 | $273,213 | $0 | $57,602 | 1.0 | Yes (X) | ||||
| Brian Padley | ||||||||||
| VP for Information Technology and Chief Information Officer | 40.0 | $416,986 | $0 | $57,062 | Yes (X) | |||||
| Caroline Levander | ||||||||||
| VP for Global | 40.0 | $614,882 | $0 | $62,723 | Yes (X) | |||||
| Cindy Melton | ||||||||||
| Associate Treasurer and Assistant Secretary | 40.0 | $462,061 | $0 | $76,204 | 7.0 | Yes (X) | ||||
| Claire Nelson | ||||||||||
| Associate Treasurer and Assistant Secretary | 40.0 | $249,486 | $0 | $67,894 | 6.0 | Yes (X) | ||||
| Cynthia Wilson | ||||||||||
| Deputy Secretary to the Board of Trustees | 40.0 | $185,246 | $0 | $33,906 | Yes (X) | |||||
| Eno-Obong Oregbesan | ||||||||||
| Assistant Secretary | 40.0 | $154,990 | $0 | $43,053 | Yes (X) | |||||
| Jeffrey Barnes | ||||||||||
| Interim Vice President, General Counsel and Secretary (To Aug 22) | 40.0 | $262,888 | $0 | $33,789 | 3.0 | Yes (X) | ||||
| JEFFREY FALK | ||||||||||
| Interim Vice President for Public Affairs (Beg Jan 2023) | 40.0 | $109,051 | $0 | $17,362 | Yes (X) | |||||
| Joseph Davidson | ||||||||||
| Senior Associate General Counsel and Assistant Secretary | 40.0 | $352,538 | $0 | $68,819 | 5.0 | Yes (X) | ||||
| Katherine Collins | ||||||||||
| VP for Finance, Associate Treasurer and Assistant Secretary (to Sep 22) | 40.0 | $741,222 | $0 | $53,020 | 4.0 | Yes (X) | ||||
| Kathi Dantley Warren | ||||||||||
| VP for Development and Alumni Relations (to Mar 23) | 40.0 | $529,123 | $0 | $66,820 | 1.0 | Yes (X) | ||||
| Kelly Fox | ||||||||||
| Executive VP for Finance and Administration (Beg Aug 22) | 40.0 | $305,694 | $0 | $24,974 | 7.0 | Yes (X) | ||||
| Kevin Kirby | ||||||||||
| VP for Administration (to Aug 22) | 40.0 | $1,266,742 | $0 | $47,547 | 2.0 | Yes (X) | ||||
| Larry Perez | ||||||||||
| Associate Treasurer and Assistant Secretary | 40.0 | $227,197 | $0 | $55,379 | 6.0 | Yes (X) | ||||
| Linda Thrane | ||||||||||
| VP for Pubic Affairs (to Dec 22) | 40.0 | $447,788 | $0 | $52,733 | Yes (X) | |||||
| Omar Syed | ||||||||||
| Vice President, General Counsel and Secretary (Beg Aug 22) | 40.0 | $164,676 | $0 | $5,828 | 10.0 | Yes (X) | ||||
| Paul Cherukuri | ||||||||||
| Vice President for Innovation and Chief Innovation Officer (Beg Aug 22) | 40.0 | $194,530 | $0 | $59,580 | 1.0 | Yes (X) | ||||
| Ramamoorthy Ramesh | ||||||||||
| Executive VP for Research (beg Aug 22) | 40.0 | $435,467 | $0 | $29,851 | Yes (X) | |||||
| Reginald Desroches | ||||||||||
| President | 40.0 | $1,131,328 | $0 | $90,820 | 3.0 | Yes (X) | ||||
| Ronica Smucker | ||||||||||
| Interim VP for Development and Alumni Affairs (Beg Apr 23) | 40.0 | $295,906 | $0 | $26,596 | 1.0 | Yes (X) | ||||
| Veta Byrd-Perez | ||||||||||
| Senior Associate General Counsel and Assistant Secretary | 40.0 | $227,990 | $0 | $58,543 | 7.0 | Yes (X) | ||||
| Yvonne Romero Da Silva | ||||||||||
| VP for Enrollment | 40.0 | $361,011 | $0 | $55,004 | Yes (X) | |||||
| Luay Nakhleh | ||||||||||
| Dean of George R. Brown School of Engineering | 40.0 | $484,506 | $0 | $31,028 | Yes (X) | |||||
| Peter Rodriguez | ||||||||||
| Dean of Jones Graduate Business School of Business | 40.0 | $614,120 | $0 | $79,905 | Yes (X) | |||||
| Thomas Killian | ||||||||||
| Dean of Wiess School of Natural Sciences | 40.0 | $414,157 | $0 | $67,178 | Yes (X) | |||||
| Brent Smith | ||||||||||
| Associate Professor | 40.0 | $913,114 | $0 | $67,024 | Yes (X) | |||||
| Carmen Thompson | ||||||||||
| Investment Manager | 40.0 | $889,724 | $0 | $64,277 | Yes (X) | |||||
| Craig Beach | ||||||||||
| Investment Manager | 40.0 | $886,708 | $0 | $63,399 | Yes (X) | |||||
| John Lawrence | ||||||||||
| Investment Manager | 40.0 | $886,891 | $0 | $63,370 | Yes (X) | |||||
| Michael Bloomgren | ||||||||||
| Football Coach | 40.0 | $921,489 | $0 | $60,292 | Yes (X) | |||||
| David Leebron | ||||||||||
| Former President | 40.0 | $1,290,230 | $0 | $566,014 | Yes (X) | |||||
| Peter Rossky | ||||||||||
| Former Dean | 40.0 | $406,757 | $0 | $67,303 | Yes (X) | |||||
| Richard Zansitis | ||||||||||
| Former VP, General Counsel and Secretary | 40.0 | $225,368 | $0 | $35,557 | Yes (X) | |||||
| RONALD LONG | ||||||||||
| FORMER OFFICER | 40.0 | $108,912 | $0 | $3,663 | Yes (X) | |||||
| Seiichi Matsuda | ||||||||||
| Former Interim Provost | 40.0 | $363,191 | $0 | $48,194 | Yes (X) | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $19,165,662 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $2,456,888 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 963 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (true) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| B Bell Builders LP | |||||
| 104 Industrial Blvd Ste 100 | Sugar Land | TX | 77478 | Construction | $14,523,568 |
| Linbeck Group LLC | |||||
| 3900 Essex Lane Ste 1200 | Houston | TX | 77027 | Construction | $13,628,831 |
| 2U Inc | |||||
| 7900 Harkins Rd | Lanham | MD | 20706 | Consulting | $8,608,176 |
| Kirksey Architects Inc | |||||
| 6909 Portwest Dr | Houston | TX | 77024 | Construction | $6,997,482 |
| Transformyx llc | |||||
| 6867 Bluebonnet Blvd | Baton Rouge | LA | 70810 | IT Services | $4,325,711 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 138 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $1,160,543 | FundraisingAmt |
| Government Grants | $163,197,265 | GovernmentGrantsAmt |
| All Other Contributions | $113,781,826 | AllOtherContributionsAmt |
| Noncash Contributions | $24,736,648 | NoncashContributionsAmt |
| Total Contributions | $278,139,634 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| Tuition and fees | 900099 | $446,599,354 | $446,599,354 | |
| Auxiliary operations | 900099 | $63,146,735 | $63,146,735 | |
| Department sales | 541900 | $21,144,901 | $21,207,406 | -$62,505 |
| Research contracts | 900099 | $13,384,189 | $13,384,189 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $544,275,179 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $44,025,735 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $33,286,269 | UnrelatedBusinessRevenueAmt |
| Exclusion | $10,739,466 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,339,239 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,339,239 | RelatedOrExemptFuncIncomeAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $2,604,047 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $2,604,047 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,604,047 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $2,604,047 | RelatedOrExemptFuncIncomeAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $859,206,031 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $620,202,456 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $239,003,575 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $239,003,575 | TotalRevenueColumnAmt |
| Exclusion | $239,003,575 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $752,833 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $1,160,543 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $855,891 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$103,058 | TotalRevenueColumnAmt |
| Exclusion | -$103,058 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| Oil and gas | 211110 | $33,105,621 | $33,105,621 |
| Net rental income investment properties | 531100 | $16,880,563 | $16,880,563 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$33,630,012 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$33,630,012 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $16,356,172 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,125,640,523 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $514,650,958 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $33,223,764 | UnrelatedBusinessRevenueAmt |
| Exclusion | $299,626,167 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $251,139,848 | TotalAmt |
| Program Services | $251,139,848 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,212,610 | TotalAmt |
| Program Services | $6,212,610 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,153,328 | TotalAmt |
| Program Services | $3,552,285 | ProgramServicesAmt |
| Management And General | $7,210,350 | ManagementAndGeneralAmt |
| Fundraising | $1,390,693 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $409,627,722 | TotalAmt |
| Program Services | $358,296,622 | ProgramServicesAmt |
| Management And General | $40,909,159 | ManagementAndGeneralAmt |
| Fundraising | $10,421,941 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $29,989,982 | TotalAmt |
| Program Services | $26,032,405 | ProgramServicesAmt |
| Management And General | $3,095,283 | ManagementAndGeneralAmt |
| Fundraising | $862,294 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $41,859,524 | TotalAmt |
| Program Services | $36,335,604 | ProgramServicesAmt |
| Management And General | $4,320,345 | ManagementAndGeneralAmt |
| Fundraising | $1,203,575 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,058,450 | TotalAmt |
| Program Services | $20,883,618 | ProgramServicesAmt |
| Management And General | $2,483,086 | ManagementAndGeneralAmt |
| Fundraising | $691,746 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,454,926 | TotalAmt |
| Program Services | $387,236 | ProgramServicesAmt |
| Management And General | $1,034,966 | ManagementAndGeneralAmt |
| Fundraising | $32,724 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,141,514 | TotalAmt |
| Program Services | $92,765 | ProgramServicesAmt |
| Management And General | $1,048,749 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $366,877 | TotalAmt |
| Management And General | $366,877 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,935,739 | TotalAmt |
| Management And General | $19,935,739 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $48,208,259 | TotalAmt |
| Program Services | $39,287,212 | ProgramServicesAmt |
| Management And General | $6,403,699 | ManagementAndGeneralAmt |
| Fundraising | $2,517,348 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,073,183 | TotalAmt |
| Program Services | $5,960,452 | ProgramServicesAmt |
| Management And General | $1,883,518 | ManagementAndGeneralAmt |
| Fundraising | $229,213 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $31,839,374 | TotalAmt |
| Program Services | $28,521,913 | ProgramServicesAmt |
| Management And General | $2,252,368 | ManagementAndGeneralAmt |
| Fundraising | $1,065,093 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $28,571,501 | TotalAmt |
| Program Services | $24,229,564 | ProgramServicesAmt |
| Management And General | $2,077,305 | ManagementAndGeneralAmt |
| Fundraising | $2,264,632 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $508,227 | TotalAmt |
| Program Services | $200 | ProgramServicesAmt |
| Management And General | $508,027 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $37,562,252 | TotalAmt |
| Program Services | $34,843,513 | ProgramServicesAmt |
| Management And General | $2,476,690 | ManagementAndGeneralAmt |
| Fundraising | $242,049 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,979,455 | TotalAmt |
| Program Services | $19,535,166 | ProgramServicesAmt |
| Management And General | $1,914,049 | ManagementAndGeneralAmt |
| Fundraising | $530,240 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,771,628 | TotalAmt |
| Program Services | $11,273,789 | ProgramServicesAmt |
| Management And General | $1,578,443 | ManagementAndGeneralAmt |
| Fundraising | $2,919,396 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $39,337,623 | TotalAmt |
| Program Services | $39,337,623 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $79,823,514 | TotalAmt |
| Program Services | $78,203,085 | ProgramServicesAmt |
| Management And General | $1,013,580 | ManagementAndGeneralAmt |
| Fundraising | $606,849 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,366,441 | TotalAmt |
| Program Services | $8,349,759 | ProgramServicesAmt |
| Management And General | $7,189 | ManagementAndGeneralAmt |
| Fundraising | $9,493 | FundraisingAmt |
Other Expenses OtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Research subcontracts | Desc |
| Total | $22,919,810 | TotalAmt |
| Program Services | $22,916,140 | ProgramServicesAmt |
| Management And General | $3,670 | ManagementAndGeneralAmt |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,714,322 | TotalAmt |
| Program Services | $2,714,322 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,143,616,109 | TotalAmt |
| Program Services | $1,018,105,731 | ProgramServicesAmt |
| Management And General | $100,523,092 | ManagementAndGeneralAmt |
| Fundraising | $24,987,286 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $34,999,143 | BOYAmt |
| EOY | $23,398,405 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $249,784,988 | BOYAmt |
| EOY | $229,220,000 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,906,759 | BOYAmt |
| EOY | $27,419,233 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,195,389 | BOYAmt |
| EOY | $1,017,924 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,939,288 | BOYAmt |
| EOY | $4,099,247 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $759,812 | BOYAmt |
| EOY | $691,618 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,424,356 | BOYAmt |
| EOY | $12,924,701 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $2,714,737,000 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,218,610,000 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,426,147,023 | BOYAmt |
| EOY | $1,496,127,000 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,625,394,719 | BOYAmt |
| EOY | $2,376,465,691 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,139,574,194 | BOYAmt |
| EOY | $5,069,416,999 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,509,125,671 | BOYAmt |
| EOY | $9,240,780,818 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $76,890,275 | BOYAmt |
| EOY | $120,077,283 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $59,127,558 | BOYAmt |
| EOY | $24,391,803 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $54,650,000 | BOYAmt |
| EOY | $73,804,000 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,090,020,000 | BOYAmt |
| EOY | $1,090,208,000 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $132,738,619 | BOYAmt |
| EOY | $135,073,000 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,413,426,452 | BOYAmt |
| EOY | $1,443,554,086 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,295,183,219 | BOYAmt |
| EOY | $3,024,681,732 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,800,516,000 | BOYAmt |
| EOY | $4,772,545,000 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,095,699,219 | BOYAmt |
| EOY | $7,797,226,732 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,509,125,671 | BOYAmt |
| EOY | $9,240,780,818 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$17,975,586 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $573,734,291 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$854,231,192 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (true) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (true) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $224,902,775 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $197,924,408 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $281,432,076 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $275,650,613 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $227,666,710 | CurrentTaxYearAmt |
| Total | $1,207,576,582 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $0 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $0 | CurrentTaxYearMinus3YearsAmt |
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $0 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $0 | CurrentTaxYearMinus3YearsAmt |
| Total | $0 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $224,902,775 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $197,924,408 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $281,432,076 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $275,650,613 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $227,666,710 | CurrentTaxYearAmt |
| Total | $1,207,576,582 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $0 | SubstantialContributorsTotAmt |
| Public Support Total170 | $1,207,576,582 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $218,300,217 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $57,838,767 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $36,493,988 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $61,280,114 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $64,668,937 | CurrentTaxYearAmt |
| Total | $438,582,023 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $0 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $0 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $0 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $22,718,715 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $31,724,652 | CurrentTaxYearAmt |
| Total | $54,443,367 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $0 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $0 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $0 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $0 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $1,700,601,972 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $2,272,620,831 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.7101 | PublicSupportCY170Pct |
| Public Support PY170 | 0.6816 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | false | VolunteersInd |
| Paid Staff Or Management | Yes (true) | PaidStaffOrManagementInd |
| Media Advertisements | false | MediaAdvertisementsInd |
| Mailings Members | false | MailingsMembersInd |
| Publications Or Broadcast | false | PublicationsOrBroadcastInd |
| Direct Contact Legislators | Yes (true) | DirectContactLegislatorsInd |
| Direct Contact Legislators | $351,877 | DirectContactLegislatorsAmt |
| Rallies Demonstrations | false | RalliesDemonstrationsInd |
| Other Activities | Yes (true) | OtherActivitiesInd |
| Other Activities | $15,000 | OtherActivitiesAmt |
| Total Lobbying Expenditures | $366,877 | TotalLobbyingExpendituresAmt |
| Not Described Section501c3 | false | NotDescribedSection501c3Ind |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule C, Part II-B, Line 1 DETAILED DESCRIPTION OF THE LOBBYING ACTIVITY | FormAndLineReferenceDesc |
| Explanation | Other activities include dues paid to professional organizations which employ lobbyists. An insubstantial portion of the university's total activities are involved in legislative and regulatory matters of direct concern to higher education or of a compelling importance to Rice in particular. Institutional efforts to influence legislation are directed by the office of Public Affairs. The university does not have a lobbying office in Washington or Austin or employ anyone in those cities to engage in lobbying. During this period, the university did employ one full-time person whose primary assignment included federal and state lobbying activity and did employ an outside registered lobbying firm in Washington. Activities included contacts by letters, phone calls, and meetings with legislators, members of their staffs, or other governmental officials and meetings with local citizens regarding issues. The total amount spent by Rice in lobbying represents an insignificant part of the university's total expenditures , even taking into consideration the most generous allowances for any activities that may be defined as lobbying by Rice employees outside the office of public affairs working on behalf of the university. Rice also pays membership dues to associations of educational institutions and those organizations may in turn lobby on behalf of the interests of their members. | ExplanationTxt |
Schedule D IRS990ScheduleD
Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Revenues Included | $354,000 | RevenuesIncludedAmt |
| Assets Included | $14,736,709 | AssetsIncludedAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Solicited Assets Sale | false | SolicitedAssetsSaleInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $7,844,941,000 | BeginningYearBalanceAmt |
| Contributions | $66,014,000 | ContributionsAmt |
| Investment Earnings Or Losses | $184,442,739 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $220,149,781 | GrantsOrScholarshipsAmt |
| Other Expenditures | $154,683,219 | OtherExpendituresAmt |
| Administrative Expenses | $19,935,739 | AdministrativeExpensesAmt |
| End Year Balance | $7,700,629,000 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $8,080,292,000 | BeginningYearBalanceAmt |
| Contributions | $78,362,000 | ContributionsAmt |
| Investment Earnings Or Losses | $13,839,000 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $209,870,916 | GrantsOrScholarshipsAmt |
| Other Expenditures | $101,183,195 | OtherExpendituresAmt |
| Administrative Expenses | $16,497,889 | AdministrativeExpensesAmt |
| End Year Balance | $7,844,941,000 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $6,166,323,000 | BeginningYearBalanceAmt |
| Contributions | $50,598,000 | ContributionsAmt |
| Investment Earnings Or Losses | $2,159,989,000 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $183,252,814 | GrantsOrScholarshipsAmt |
| Other Expenditures | $98,677,375 | OtherExpendituresAmt |
| Administrative Expenses | $14,687,811 | AdministrativeExpensesAmt |
| End Year Balance | $8,080,292,000 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $6,506,177,000 | BeginningYearBalanceAmt |
| Contributions | $34,638,000 | ContributionsAmt |
| Investment Earnings Or Losses | -$71,049,000 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $171,583,591 | GrantsOrScholarshipsAmt |
| Other Expenditures | $119,649,118 | OtherExpendituresAmt |
| Administrative Expenses | $12,210,291 | AdministrativeExpensesAmt |
| End Year Balance | $6,166,323,000 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $6,228,857,000 | BeginningYearBalanceAmt |
| Contributions | $10,917,000 | ContributionsAmt |
| Investment Earnings Or Losses | $546,905,000 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $142,349,212 | GrantsOrScholarshipsAmt |
| Other Expenditures | $125,446,164 | OtherExpendituresAmt |
| Administrative Expenses | $12,706,624 | AdministrativeExpensesAmt |
| End Year Balance | $6,506,177,000 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.416 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.2 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.384 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $40,470,000 | OtherCostOrOtherBasisAmt |
| Book Value | $40,470,000 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,942,782,000 | OtherCostOrOtherBasisAmt |
| Depreciation | $819,507,948 | DepreciationAmt |
| Book Value | $1,123,274,052 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $532,795,000 | OtherCostOrOtherBasisAmt |
| Depreciation | $399,102,052 | DepreciationAmt |
| Book Value | $133,692,948 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $198,690,000 | OtherCostOrOtherBasisAmt |
| Book Value | $198,690,000 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $1,496,127,000 | TotalBookValueLandBuildingsAmt |
Closely Held Equity Interests CloselyHeldEquityInterestsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | $4,480,671,000 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
Other Securities OtherSecuritiesGrp (5 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| Partnership and life insurance | ||
| Other assets | $171,152,000 | F |
| Investments in real estate and other physical assets | $1,026,739,000 | F |
| SWAPs | $1,949,000 | F |
| Less subsidiary corporations | -$611,094,001 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $5,069,416,999 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| Life Income Annuities | $135,073,000 |
| Other liabilities |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $135,073,000 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule D, Part III, Line 4 Collections of art - description of collections | The University accepts, from time to time, donations of art, historical treasures or similar assets. Such items are available for public exhibition and scholarly research. The University is a steward of these assets, preserving them for future generations. The asset amount reported for art held for public exhibition includes the construction and installation costs for outdoor sculpture. |
| Schedule D, Part V, Line 4 Intended uses of endowment funds | The University's endowment earnings distribution policy guides the rate at which funds are released from the endowment for current spending. The policy reflects the desire to balance the current resource needs of the University with the long-term objective of preserving the purchasing power of the endowment for future generations and ensuring reasonable year-over-year stability of future endowment payouts. Under the policy, allowable endowment spending is between four percent and six and one-half percent of the trailing three year average endowment market value, with a targeted range of four and one-half percent to five and one-half percent in the intermediate range. Endowment contributions include Board-approved transfers from other institutional funds and other additions for which there is no specific line on the schedule. |
| Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote | The University is exempt from federal income tax to the extent provided under Section 501(c)(3) of the Internal Revenue Code. The IRS issued a determination letter in January 1938 that recognized the University as exempt from federal income tax under Section 501(c)(3). The University has 11 subsidiary corporations that are included in the consolidated financial statements. Two of these subsidiary corporations are exempt from federal income taxes under 501(c)(2), two are exempt under 501(c)(3), one is exempt under 501(c)(4), four are exempt under 501(c)(25) and two are subject to taxation. The University is classified as an organization that is not a private foundation under Section 509(a) of the Internal Revenue Code because it is described in Sections 509(a)(1) and 170(b)(1)(A)(ii) and, as such, gifts to the University qualify for deduction as charitable contributions to the extent provided by law. The University and its subsidiary corporations that are exempt from federal income tax are required to pay federal income tax on unrelated business income. The amount of income tax expense for unrelated business income for the University and its subsidiary corporations was immaterial for the years ended June 30, 2023 and 2022, respectively. The University is part of a small group of universities that are subject to an excise tax of 1.4% on the University's net investment income and the net investment income of its subsidiary corporations. The excise tax is recognized as a reduction of the University's investment returns. The portion of the excise tax associated with the current period realized gains was $3,876 and $4,847 for the years ended June 30, 2023 and 2022, respectively. U.S. GAAP requires the University to evaluate its tax positions to recognize a tax liability (or asset) if the University has taken an uncertain tax position that, more likely than not, would not be sustained upon examination by the IRS. The University has analyzed the tax positions taken and has concluded that as of June 30, 2023, there are no significant uncertain positions taken. |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (true) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (true) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (true) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (true) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (true) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | false | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (true) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | false | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | false | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | false | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | false | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | false | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | false | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (true) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY | The University includes a statement of its racially nondiscriminatory policy toward students in brochures, catalogues, and other written communications with the public dealing with student admissions, programs and scholarships. |
| Schedule E, Part I, Line 4(d) RECORDS AND COPIES MAINTAINED BY THE ORGANIZATION | Rice makes every effort within the context of a large university to retain copies of all catalogues, brochures, announcements, and other written communications to the public dealing with student admission, programs and scholarships. In addition to written communications, the Library also maintains an electronic archive of websites that the University has published. |
| Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT | The University receives research and instructional grants and contracts, fellowships and student aid awards from various state and federal agencies. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (12 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| Central America and the Caribbean | 0 | 0 | Fundraising,Program Services,Speaking engagements,Conference Travel | Programs with local universities, research field work | $579,159 |
| East Asia and the Pacific | 0 | 0 | Fundraising,Program Services,Speaking engagements,Conference Travel | Programs with local universities, research field work | $474,312 |
| Europe (Including Iceland and Greenland) | 1 | 2 | Fundraising,Program Services,Speaking engagements,Conference Travel | Educational program for architecture students, programs with local universities, research field work | $5,098,880 |
| Middle East and North Africa | 0 | 1 | Fundraising,Program Services,Speaking engagements,Conference Travel | Programs with local universities, research field work | $148,974 |
| North America (Canada & Mexico only) | 0 | 0 | Fundraising,Program Services,Speaking engagements,Conference Travel | Programs with local universities, research field work | $575,929 |
| South Asia | 0 | 1 | Program Services,Speaking engagements,Conference Travel | Programs with local universities, research field work | $77,175 |
| Sub-Saharan Africa | 0 | 1 | Program Services | Research field work | $927,507 |
| Central America and the Caribbean | 0 | 0 | Investments | Investments | $2,176,773,843 |
| Europe (Including Iceland and Greenland) | 0 | 0 | Investments | Investments | $35,420,893 |
| South America | 0 | 0 | Fundraising,Program Services,Speaking engagements,Conference Travel | Research field work and programs with local universities | $4,287,564 |
| Sub-Saharan Africa | 0 | 0 | Grantmaking | Grantmaking | $1,067,522 |
| North America (Canada & Mexico only) | 0 | 0 | Investments | Investments | $22,079,283 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 1 | SubtotalOfficesCnt |
| Subtotal Employees | 5 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 1 | TotalOfficeCnt |
| Total Employee | 5 | TotalEmployeeCnt |
| Subtotal Spent | $2,247,511,041 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $2,247,511,041 | TotalSpentAmt |
Grants To Org Outside US GrantsToOrgOutsideUSGrp (15 entries)
| RegionRegionTxt | Purpose Of GrantPurposeOfGrantTxt | Cash GrantCashGrantAmt | Manner Of Cash DisbursementMannerOfCashDisbursementTxt | Valuation Method UsedValuationMethodUsedDesc |
|---|---|---|---|---|
| Sub-Saharan Africa | Public health | $86,126 | Wire transfer | FMV |
| Sub-Saharan Africa | Public health | $69,970 | Wire transfer | FMV |
| Sub-Saharan Africa | Public health | $1,195,041 | Wire transfer | FMV |
| Sub-Saharan Africa | Public health | $840,413 | Wire transfer | FMV |
| Sub-Saharan Africa | Public health | $533 | Wire transfer | FMV |
| Sub-Saharan Africa | Public health | $618,314 | Wire transfer | FMV |
| Sub-Saharan Africa | Public health | $62,532 | Wire transfer | FMV |
| Sub-Saharan Africa | Public health | $1,821,180 | Wire transfer | FMV |
| Sub-Saharan Africa | Public health | $20,097 | Wire transfer | FMV |
| Sub-Saharan Africa | Public health | $32,508 | Wire transfer | FMV |
| Sub-Saharan Africa | Public health | $992,814 | Wire transfer | FMV |
| Sub-Saharan Africa | Public health | $8,135 | Wire transfer | FMV |
| Sub-Saharan Africa | Public health | $325 | Wire transfer | FMV |
| Sub-Saharan Africa | Public health | $37,328 | Wire transfer | FMV |
| Sub-Saharan Africa | Public health | $427,294 | Wire transfer | FMV |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 15 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
| Transfer To Foreign Corp | Yes (true) | TransferToForeignCorpInd |
| Interest In Foreign Trust | false | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (true) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | Yes (true) | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (true) | ForeignPartnershipInd |
| Boycott Countries | Yes (true) | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule F, Part I, Line 2 Procedures for monitoring use of grant funds | The university ensures the grants are used for proper purposes and are not diverted from their intended use. |
| Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements | CENTRAL AMERICA AND THE CARIBBEAN-Accrual; EAST ASIA AND THE PACIFIC-Accrual; EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual; MIDDLE EAST AND NORTH AFRICA-Accrual; NORTH AMERICA (CANADA & MEXICO ONLY)-Accrual; SOUTH AMERICA-Accrual; SOUTH ASIA-Accrual; SUB-SAHARAN AFRICA-Accrual |
| Schedule F, Part II, Line 1 Method used to account for expenditures on org's financial statements | SUB-SAHARAN AFRICA-Accrual |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | Kinder Luncheon | Event1Nm |
| Gross Receipts Event1 | $952,502 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $431,052 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $521,450 | GrossRevenueEvent1Amt |
| Cash Prizes Event1 | $0 | CashPrizesEvent1Amt |
| Non Cash Prizes Event1 | $0 | NonCashPrizesEvent1Amt |
| Other Direct Expenses Event1 | $312,022 | OtherDirectExpensesEvent1Amt |
| Event2 | RDA Gala | Event2Nm |
| Gross Receipts Event2 | $332,752 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $238,962 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $93,790 | GrossRevenueEvent2Amt |
| Cash Prizes Event2 | $0 | CashPrizesEvent2Amt |
| Non Cash Prizes Event2 | $0 | NonCashPrizesEvent2Amt |
| Other Direct Expenses Event2 | $344,374 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 5 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $628,122 | GrossReceiptsOtherEventsAmt |
| Charitable Contri Other Events | $490,529 | CharitableContriOtherEventsAmt |
| Gross Revenue Other Events | $137,593 | GrossRevenueOtherEventsAmt |
| Cash Prizes Other Events | $0 | CashPrizesOtherEventsAmt |
| Non Cash Prizes Other Events | $0 | NonCashPrizesOtherEventsAmt |
| Oth Direct Expnss Other Events | $199,495 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $1,913,376 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $1,160,543 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $752,833 | GrossRevenueTotalEventsAmt |
| Cash Prizes Total Events | $0 | CashPrizesTotalEventsAmt |
| Non Cash Prizes Total Events | $0 | NonCashPrizesTotalEventsAmt |
| Oth Direct Expnss Total Events | $855,891 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $855,891 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$103,058 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Non Cash AssistanceNonCashAssistanceAmt | Valuation Method UsedValuationMethodUsedDesc | Non Cash AssistanceNonCashAssistanceDesc | Cash GrantCashGrantAmt |
|---|---|---|---|---|---|
| Scholarships applied to student accounts | 5382 | $186,977,848 | FMV | award applied to student account | |
| Scholarships paid out to students | 2378 | $64,162,000 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. | FormAndLineReferenceDesc |
| Explanation | Institutional need and merit awards, government grants and outside scholarships provided aid to 5,383 students during the year. Federally subsidized loans are awarded to eligible students based on need. Over $50 million was paid directly to students (Form 990, Part III, line 4a) with the remainder applied internally to tuition, fees, and room and board. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Personal Services | Yes (X) | PersonalServicesInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (true) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (true) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (true) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (37 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Kevin Kirby | ||||||||||||||
| VP for Administration (to Aug 22) | $604,749 | $0 | $75,000 | $0 | $586,993 | $0 | $38,400 | $0 | $9,147 | $0 | $1,314,289 | $0 | $190,667 | $0 |
| Reginald Desroches | ||||||||||||||
| President | $954,328 | $0 | $150,000 | $0 | $27,000 | $0 | $58,400 | $0 | $32,420 | $0 | $1,222,148 | $0 | $0 | $0 |
| Allison Thacker | ||||||||||||||
| Chief Investment Officer, Treasurer, Assistant Secretary | $970,215 | $0 | $0 | $0 | $40,000 | $0 | $29,250 | $0 | $38,930 | $0 | $1,078,395 | $0 | $0 | $0 |
| Katherine Collins | ||||||||||||||
| VP for Finance, Associate Treasurer and Assistant Secretary (to Sep 22) | $397,285 | $0 | $75,000 | $0 | $268,937 | $0 | $38,400 | $0 | $14,620 | $0 | $794,242 | $0 | $0 | $0 |
| Caroline Levander | ||||||||||||||
| VP for Global | $487,569 | $0 | $80,000 | $0 | $47,313 | $0 | $46,733 | $0 | $15,990 | $0 | $677,605 | $0 | $0 | $0 |
| Kathi Dantley Warren | ||||||||||||||
| VP for Development and Alumni Relations (to Mar 23) | $441,243 | $0 | $75,000 | $0 | $12,880 | $0 | $29,250 | $0 | $37,570 | $0 | $595,943 | $0 | $0 | $0 |
| Cindy Melton | ||||||||||||||
| Associate Treasurer and Assistant Secretary | $289,753 | $0 | $126,000 | $0 | $46,308 | $0 | $38,400 | $0 | $37,804 | $0 | $538,265 | $0 | $0 | $0 |
| Linda Thrane | ||||||||||||||
| VP for Pubic Affairs (to Dec 22) | $381,288 | $0 | $20,000 | $0 | $46,500 | $0 | $38,400 | $0 | $14,333 | $0 | $500,521 | $0 | $0 | $0 |
| Brian Padley | ||||||||||||||
| VP for Information Technology and Chief Information Officer | $339,986 | $0 | $50,000 | $0 | $27,000 | $0 | $38,400 | $0 | $18,662 | $0 | $474,048 | $0 | $0 | $0 |
| Ramamoorthy Ramesh | ||||||||||||||
| Executive VP for Research (beg Aug 22) | $427,884 | $0 | $0 | $0 | $7,583 | $0 | $16,667 | $0 | $13,184 | $0 | $465,318 | $0 | $0 | $0 |
| Joseph Davidson | ||||||||||||||
| Senior Associate General Counsel and Assistant Secretary | $302,538 | $0 | $50,000 | $0 | $0 | $0 | $38,400 | $0 | $30,419 | $0 | $421,357 | $0 | $0 | $0 |
| Yvonne Romero Da Silva | ||||||||||||||
| VP for Enrollment | $280,011 | $0 | $40,000 | $0 | $41,000 | $0 | $38,400 | $0 | $16,604 | $0 | $416,015 | $0 | $0 | $0 |
| Amy Dittmar | ||||||||||||||
| Provost and Executive Vice President for Academic Affairs (Beg Aug 22) | $317,698 | $0 | $0 | $0 | $11,667 | $0 | $16,667 | $0 | $9,728 | $0 | $355,760 | $0 | $0 | $0 |
| Bradley Fralic | ||||||||||||||
| Associate VP Finance, Controller, Associate Treasurer | $261,907 | $0 | $0 | $0 | $11,306 | $0 | $35,048 | $0 | $22,554 | $0 | $330,815 | $0 | $0 | $0 |
| Kelly Fox | ||||||||||||||
| Executive VP for Finance and Administration (Beg Aug 22) | $293,493 | $0 | $0 | $0 | $12,201 | $0 | $11,667 | $0 | $13,307 | $0 | $330,668 | $0 | $0 | $0 |
| Ronica Smucker | ||||||||||||||
| Interim VP for Development and Alumni Affairs (Beg Apr 23) | $265,513 | $0 | $5,000 | $0 | $25,393 | $0 | $0 | $0 | $26,596 | $0 | $322,502 | $0 | $0 | $0 |
| Claire Nelson | ||||||||||||||
| Associate Treasurer and Assistant Secretary | $246,968 | $0 | $0 | $0 | $2,518 | $0 | $32,400 | $0 | $35,494 | $0 | $317,380 | $0 | $0 | $0 |
| Jeffrey Barnes | ||||||||||||||
| Interim Vice President, General Counsel and Secretary (To Aug 22) | $242,388 | $0 | $0 | $0 | $20,500 | $0 | $24,520 | $0 | $9,269 | $0 | $296,677 | $0 | $0 | $0 |
| Veta Byrd-Perez | ||||||||||||||
| Senior Associate General Counsel and Assistant Secretary | $208,423 | $0 | $0 | $0 | $19,567 | $0 | $22,001 | $0 | $36,542 | $0 | $286,533 | $0 | $0 | $0 |
| Larry Perez | ||||||||||||||
| Associate Treasurer and Assistant Secretary | $227,197 | $0 | $0 | $0 | $0 | $0 | $28,830 | $0 | $26,549 | $0 | $282,576 | $0 | $0 | $0 |
| Paul Cherukuri | ||||||||||||||
| Vice President for Innovation and Chief Innovation Officer (Beg Aug 22) | $158,530 | $0 | $36,000 | $0 | $0 | $0 | $31,798 | $0 | $27,782 | $0 | $254,110 | $0 | $0 | $0 |
| Cynthia Wilson | ||||||||||||||
| Deputy Secretary to the Board of Trustees | $172,681 | $0 | $5,000 | $0 | $7,565 | $0 | $21,018 | $0 | $12,888 | $0 | $219,152 | $0 | $0 | $0 |
| Eno-Obong Oregbesan | ||||||||||||||
| Assistant Secretary | $152,990 | $0 | $2,000 | $0 | $0 | $0 | $13,350 | $0 | $29,703 | $0 | $198,043 | $0 | $0 | $0 |
| Omar Syed | ||||||||||||||
| Vice President, General Counsel and Secretary (Beg Aug 22) | $160,426 | $0 | $0 | $0 | $4,250 | $0 | $5,000 | $0 | $828 | $0 | $170,504 | $0 | $0 | $0 |
| Peter Rodriguez | ||||||||||||||
| Dean of Jones Graduate Business School of Business | $600,922 | $0 | $0 | $0 | $13,198 | $0 | $50,900 | $0 | $29,005 | $0 | $694,025 | $0 | $0 | $0 |
| Luay Nakhleh | ||||||||||||||
| Dean of George R. Brown School of Engineering | $454,655 | $0 | $10,000 | $0 | $19,851 | $0 | $29,250 | $0 | $1,778 | $0 | $515,534 | $0 | $0 | $0 |
| Thomas Killian | ||||||||||||||
| Dean of Wiess School of Natural Sciences | $377,157 | $0 | $10,000 | $0 | $27,000 | $0 | $38,400 | $0 | $28,778 | $0 | $481,335 | $0 | $0 | $0 |
| Michael Bloomgren | ||||||||||||||
| Football Coach | $806,489 | $0 | $75,000 | $0 | $40,000 | $0 | $29,250 | $0 | $31,042 | $0 | $981,781 | $0 | $0 | $0 |
| Brent Smith | ||||||||||||||
| Associate Professor | $828,114 | $0 | $58,000 | $0 | $27,000 | $0 | $38,400 | $0 | $28,624 | $0 | $980,138 | $0 | $0 | $0 |
| Carmen Thompson | ||||||||||||||
| Investment Manager | $417,224 | $0 | $425,000 | $0 | $47,500 | $0 | $38,400 | $0 | $25,877 | $0 | $954,001 | $0 | $0 | $0 |
| John Lawrence | ||||||||||||||
| Investment Manager | $441,391 | $0 | $425,000 | $0 | $20,500 | $0 | $29,250 | $0 | $34,120 | $0 | $950,261 | $0 | $0 | $0 |
| Craig Beach | ||||||||||||||
| Investment Manager | $404,502 | $0 | $434,706 | $0 | $47,500 | $0 | $38,400 | $0 | $24,999 | $0 | $950,107 | $0 | $0 | $0 |
| David Leebron | ||||||||||||||
| Former President | $993,730 | $0 | $250,000 | $0 | $46,500 | $0 | $538,400 | $0 | $27,614 | $0 | $1,856,244 | $0 | $0 | $0 |
| Peter Rossky | ||||||||||||||
| Former Dean | $364,697 | $0 | $5,000 | $0 | $37,060 | $0 | $38,400 | $0 | $28,903 | $0 | $474,060 | $0 | $0 | $0 |
| Seiichi Matsuda | ||||||||||||||
| Former Interim Provost | $327,204 | $0 | $10,000 | $0 | $25,987 | $0 | $38,400 | $0 | $9,794 | $0 | $411,385 | $0 | $0 | $0 |
| Richard Zansitis | ||||||||||||||
| Former VP, General Counsel and Secretary | $212,011 | $0 | $0 | $0 | $13,357 | $0 | $20,240 | $0 | $15,317 | $0 | $260,925 | $0 | $0 | $0 |
| RONALD LONG | ||||||||||||||
| FORMER OFFICER | $108,912 | $0 | $0 | $0 | $0 | $0 | $1,667 | $0 | $1,996 | $0 | $112,575 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule J, Part I, Line 1a First-class or charter travel | The University's written travel policy permits payment only of necessary and reasonable expenses for travel on University business. The University's policies constitute an accountable plan and are designed to comply with applicable Internal Revenue Service rules. Coach class airfare is required except in certain limited circumstances; these include medical necessity, contractual obligations, and scheduled flight segments over six hours in length, when business class fares may be used with prior approval. In rare cases, when an exception applies and no business class fare is available, a first class fare may be used, again with prior approval and documentation. Charter travel is sometimes employed for athletics teams, including coaches, when such travel is the least costly method of transportation. |
| Schedule J, Part I, Line 1a Travel for companions | Under the University's travel policy, the University does not pay the travel cost of companions, unless there is a valid University business purpose for the companion's travel. Written approval must be obtained in advance from the president, provost, or appropriate dean / vice president documenting the reason for incurring the expense. When the University uses chartered air or ground transportation, travel for companions may occasionally be included if the University incurs no additional cost. |
| Schedule J, Part I, Line 1a Housing allowance or residence for personal use | The president of the University is required to occupy University-owned housing as a condition of employment. Housekeeping staff is provided for such property. The cost of such services not related to public areas of the house is included in compensation reported. The fair market value of the housing provided, based on the appraised value of the house, is reported in the president's compensation as a non-taxable benefit. |
| Schedule J, Part I, Line 1a Health or social club dues or initiation fees | Social club dues were paid for the president of the University and are included in compensation when appropriate. |
| Schedule J, Part I, Line 1a Personal services | See the response to Schedule J, Part I, Line 1A for Housing. The President is also provided chauffeured service when he leaves the University property. |
| Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation | The CORD (Compensation and Organizational Development) Committee of the Board of Trustees of Rice University has a procedure in place to assure the Board of Trustees that compensation arrangements for the president and other organization officers and managers are reasonable. The procedure is designed to comply with the requirements of Section 4958 of the Internal Revenue Code and Internal Revenue Service regulations. The CORD Committee maintains a roster of disqualified persons, as defined by the IRS, for whose compensation the procedure is used. The roster is reviewed periodically but at least annually. The procedure was last evaluated with the full board in December 2014. The procedure requires three elements as follows: 1) The terms of transactions are approved by the organization's governing body, or a committee thereof, whose members have no conflict of interest with respect to the arrangement. The Board of Trustees delegated authority to the CORD Committee to act on behalf of the Board in these matters at its meeting on March 25, 1999. Compensation arrangements are reviewed and approved by the CORD Committee before the effective date. Members of the CORD Committee recuse themselves from any vote in which there is a potential or actual conflict of interest. 2) The governing body or committee obtains and relies upon appropriate, comparable data before making its determination. Rice participates in the annual survey by Willis Towers Watson of select universities' executive compensation, and additional appropriate peer surveys. These reports reflect executive compensation in universities of a stature similar to that of Rice, and with which Rice competes for faculty and staff. The CORD Committee may also seek and rely on other relevant information, including compensation paid by other taxable and tax-exempt organizations for functionally comparable positions, geographic market forces, and actual written offers from similar institutions competing for services. The CORD Committee relies on this data and documents any determinations that reasonable compensation is an amount more than the range of comparable data. 3) The governing body or committee adequately documents the basis for making determinations concurrently with making decisions. Minutes documenting the deliberations of the CORD Committee are prepared contemporaneously for review and approval at its next meeting. |
| Schedule J, Part I, Line 4a Severance or change-of-control payment | Certain former officers received a severance payment from the change in Presidential leadership and a change in the President's cabinet. Kevin Kirby ($546,180) and Kathy Collins ($228,124) both paid in calendar year 2022 and Kathi Dantley Warren ($513,453) paid in calendar year 2023. |
| Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan | The following officer(s), director(s), trustee(s), key employee(s) and/or highest compensated employees participated in or received payment from a supplemental non-qualified retirement plan in calendar year 2022, subject to satisfying vesting conditions related to continuing service to the university. Award amounts that may or may not have vested are shown below. Amounts that became taxable during the year due to vesting or distribution are included in Part II, column B (iii). Accruals for awards that have not vested are included in the amounts shown in Part II, column C. David Leebron: $375,000 award; $500,000 accrual for awards not yet vested. Reginald DesRoches: $140,000 current year award; $260,464 distribution of current and prior year award less applicable market losses. All taxable in the current year. $20,000 accrual for awards not yet vested. Kevin Kirby: $100,000 award; $441,937 distribution of current and prior year awards including applicable market gains and losses. $251,270 was taxable in the current year and $190,667 was taxable in a prior year. Katherine Collins: $40,000 current year award; $75,956 distribution of current and prior year award less applicable market losses. All taxable in the current year. Peter Rodriguez: $50,000 current year award. $12,500 accrual for awards not yet vested. Caroline Levander: $40,000 current year award; $140,431 distribution of current and prior year awards plus market gains and losses. All taxable in the current year. $8,333 accrual for awards not yet vested. Amy Dittmar: $16,667 accrual for awards not yet vested. Ramesh Ramamoorthy: $16,667 accrual for awards not yet vested. Kelly Fox: $11,667 accrual for awards not yet vested. Paul Cherukuri: $8,333 accrual for awards not yet vested. Omar Syed: $5,000 accrual for awards not yet vested. |
| Schedule J, Part I, Line 7 Non-fixed payments | Contracts of certain individuals include provisions that allow them to receive additional compensation if specific criteria or circumstances are met or performance thresholds are achieved. Payments were made under such contracts in calendar year 2022 to David Leebron, Allison Thacker, Michael Bloomgren, Carmen Thompson, John Lawrence, and Craig Beech. Additionally, as noted in part II of Schedule J, discretionary bonuses were provided to others based on management's assessment of their performance. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | City of Houston Higher Education Finance Corporation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 760387014 | BondIssuerEIN |
| CUSIP | 442378DZ5 | CUSIPNum |
| Bond Issued | 2010-06-02 | BondIssuedDt |
| Issue Price | $139,887,000 | IssuePriceAmt |
| Purpose | Construction | PurposeDesc |
| Defeased | false | DefeasedInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Pool Financing | false | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Retired | $13,000,000 | RetiredAmt |
| Bond Defeased | $94,485,000 | BondDefeasedAmt |
| Total Proceeds | $139,887,000 | TotalProceedsAmt |
| In Reserve Fund | $0 | InReserveFundAmt |
| Capitalized Interest | $1,256,011 | CapitalizedInterestAmt |
| Refunding Escrow | $0 | RefundingEscrowAmt |
| Issuance Costs From Proceeds | $1,186,594 | IssuanceCostsFromProceedsAmt |
| Credit Enhancement | $0 | CreditEnhancementAmt |
| Working Capital Expenditures | $0 | WorkingCapitalExpendituresAmt |
| Capital Expenditures | $124,444,395 | CapitalExpendituresAmt |
| Other Spent Proceeds | $13,000,000 | OtherSpentProceedsAmt |
| Unspent | $0 | UnspentAmt |
| Substantial Completion | 2018 | SubstantialCompletionYr |
| Refunding Tax Exempt Bonds | false | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | false | RefundingTaxableBondsInd |
| Final Allocation Made | Yes (true) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (true) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | false | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | false | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | false | MgmtContractBondFincdPropInd |
| Any Research Agreements | false | AnyResearchAgreementsInd |
| Engage Bond Counsel Research | Yes (true) | EngageBondCounselResearchInd |
| Private Bus Use By Others | 0.0 | PrivateBusUseByOthersPct |
| Private Bus Concerning UBI | 0.0 | PrivateBusConcerningUBIPct |
| Total Private Business Use | 0.0 | TotalPrivateBusinessUsePct |
| Bond Iss Meet Prvt Sec Pymt Test | false | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | false | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | Yes (true) | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | false | Form8038TFiledInd |
| Rebate Not Due Yet | false | RebateNotDueYetInd |
| Exception To Rebate | false | ExceptionToRebateInd |
| No Rebate Due | Yes (true) | NoRebateDueInd |
| Variable Rate Issue | false | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | false | HedgeIdentifiedInBksAndRecInd |
| Gross Proceeds Invested In GIC | false | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | Yes (true) | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | Yes (true) | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | Yes (true) | ProceduresCorrectiveActionInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule K, Part I Bond Issues | CHHEFC RICE UNIVERSITY SERIES 2010B HAS CUSIP NUMBER 442378DZ5. THE UNIVERSITY HAS PRACTICES AND PROCEDURES TO MONITOR PRIVATE BUSINESS USE IN TAX-EXEMPT DEBT-FINANCED BUILDINGS TO ENSURE THAT IT DOES NOT EXCEED PERMITTED LIMITS. THE UNIVERSITY HAS A POLICY ALLOCATING EQUITY FIRST TO ANY FACILITY INCLUDING PRIVATE BUSINESS USE. |
| Schedule K, Part IV, Line 2c COLUMN A | Issuer name: City of Houston Higher Education Finance Corporation The calculation for computing no rebate due was performed on 06/30/2018 |
Schedule L IRS990ScheduleL
Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp (2 entries)
| Relationship With OrgRelationshipWithOrgTxt | Loan PurposeLoanPurposeTxt | Loan From OrganizationLoanFromOrganizationInd | Original PrincipalOriginalPrincipalAmt | Balance DueBalanceDueAmt | DefaultDefaultInd | Board Or Committee ApprovalBoardOrCommitteeApprovalInd | Written AgreementWrittenAgreementInd |
|---|---|---|---|---|---|---|---|
| David Leebron | |||||||
| Former Officer | Personal loan | Yes (X) | $950,000 | $961,970 | false | Yes (true) | Yes (true) |
| Thomas Killian | |||||||
| Key Employee | Personal loan | Yes (X) | $100,000 | $55,954 | false | Yes (true) | Yes (true) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | $1,017,924 | TotalBalanceDueAmt |
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (5 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| Y Ping Sun | |||
| Spouse of former officer | $51,000 | Employee | false |
| Brian Patterson | |||
| Joint Venture | $24,527,938 | Principal of partnership in which university invests | false |
| David Vassar | |||
| Spouse of Trustee | $116,987 | Employee | false |
| Robert Dittmar | |||
| Spouse of Officer | $460,001 | Employee | false |
| Isaac Davidson | |||
| Child of officer | $115,000 | Employee | false |
Schedule M IRS990ScheduleM
Works Of Art WorksOfArtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 3 | ContributionCnt |
| Noncash Contributions Rpt F990 | $354,000 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Market value | MethodOfDeterminingRevenuesTxt |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 227 | ContributionCnt |
| Noncash Contributions Rpt F990 | $23,685,912 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Market value | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp (3 entries)
| Non Cash CheckboxNonCashCheckboxInd | DescDesc | ContributionContributionCnt | Noncash Contributions Rpt F990NoncashContributionsRptF990Amt | Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt |
|---|---|---|---|---|
| Yes (X) | Musical instruments | 3 | $40,398 | Market value |
| Yes (X) | Personal property of academic interest | 9 | $259,455 | Market value |
| Yes (X) | Equipment | 5 | $396,883 | Market value |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (true) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | false | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule M, Part I Explanations of reporting method for number of contributions | FormAndLineReferenceDesc |
| Explanation | Securities - Publicly traded - Number of contributions Art - Works of art - Number of donors Other - Musical instruments Number of donors Other - Personal property of academic interest Number of donors Other - Equipment Number of donors | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Line 2 Family/business relationships amongst interested persons | Kevin Kirby and Caroline Levander - Family relationship |
| Form 990, Part VI, Line 11b Review of form 990 by governing body | A draft copy of Form 990 is discussed with the Audit Committee, a draft copy of compensation related disclosures (Part VII and Schedule J ) is shared with the Compensation and Organizational Development (CORD) Committee of the Board of Trustees and the final Form 990 is provided to all of the trustees before it is filed. The Form 990 is prepared by the Controller's Office in consultation with other University offices, reviewed within the Controller's office, the office of General Counsel and Human Resources, reviewed by PricewaterhouseCoopers as the paid preparer, reviewed by the Vice President for Finance and Administration and the President together with senior management before it is provided to the trustees. |
| Form 990, Part VI, Line 12c Conflict of interest policy | A conflict of interest questionnaire is completed annually by officers, directors, trustees, key employees and other disqualified persons. Members of the University's Board of Trustees and senior management may, from time to time, be associated, either directly or through interlocking board memberships, with entities doing business with the University. The University employs a conflict of interest policy that requires any such associations be disclosed in writing on an annual basis. When such associations exist, measures are taken to mitigate any actual or perceived conflict, including recusal of the board member from any decisions involving the entity doing business with the University. The transactions with the entities associated with trustees or senior management are not considered to be significant and may include investment management, common participation in investment vehicles, or the purchases of goods or services. When the University enters into such transactions, the prices are set at fair market value and the terms are no less beneficial than those offered to others in the ordinary course of business. |
| Form 990, Part VI, Line 15a Process to establish compensation of top management official | Compensation of the organizations' officers is determined by the CORD Committee of the Board of Trustees based on comparability data. The deliberations and decisions of the CORD Committee of the Board of Trustees are contemporaneously documented as are all meetings of the board and its committees. Further detail is provided in Schedule J, Part III. |
| Form 990, Part VI, Line 15b Process to establish compensation of other employees | See Pt VI, Line 15a and Schedule O |
| Form 990, Part VI, Line 19 Required documents available to the public | The articles of incorporation are filed with the state and are publicly available. The financial statements are available to the public on the University's website and by request. Copies of the Form 990 and Form 990-T tax returns are available to the public on request. The University's conflict of interest policy is available on the University's website. |
| Form 990, Part VIII, Line 11d Other Miscellaneous Revenue | All other non-operating - Total Revenue: -33630012, Related or Exempt Function Revenue: -33630012, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; |
| Form 990, Part XI, Line 9 Other changes in net assets or fund balances | Change in net assets - subsidiary corporations - -XXX-XX-XXXX; |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|
| WMR BNA Holdings LLC | |||||||||
| 6100 Main St | Houston | TX | 77005 | 814267081 | Holding Company | DE | $166,528 | $12,059,893 | William Marsh Rice University |
| WMR WS Holdings LLC | |||||||||
| 6100 Main St | Houston | TX | 77005 | 823639744 | Holding Company | DE | -$533,764 | $28,698,794 | William Marsh Rice University |
| WMR BNA IV Holdings LLC | |||||||||
| 6100 Main St | Houston | TX | 77005 | 920551850 | Holding Company | DE | $269,593 | $30,758,516 | William Marsh Rice University |
| Rice HSA Funding LLC | |||||||||
| 6100 Main St | Houston | TX | 77005 | 920508540 | Holding Company | TX | $0 | $14,800,000 | William Marsh Rice University |
| Rice HSA Holdings LLC | |||||||||
| 6100 Main St | Houston | TX | 77005 | 920520795 | Holding Company | TX | -$100,846 | $600,000 | William Marsh Rice University |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (10 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd | Public Charity StatusPublicCharityStatusTxt |
|---|---|---|---|---|---|---|---|---|---|---|
| Rice Land Lumber Co | ||||||||||
| 6100 Main St | Houston | TX | 77005 | 746045400 | Timber holding company | LA | 501(c)(2) | William Marsh Rice University | Yes (true) | |
| RU Corporation | ||||||||||
| 6100 Main St | Houston | TX | 77005 | 746081393 | Real estate title holding | TX | 501(c)(2) | William Marsh Rice University | Yes (true) | |
| Rice Trust Inc | ||||||||||
| 6100 Main St | Houston | TX | 77005 | 741698122 | Trust company | TX | 501(c)(4) | William Marsh Rice University | Yes (true) | |
| THE CENTER FOR COLLABORATIVE RESEARCH INC | ||||||||||
| 6100 Main St | Houston | TX | 77005 | 383751177 | Type 1 supporting organization | TX | 501(c)(3) | William Marsh Rice University | Yes (true) | Type I |
| RICE 360 INSTITUTE FOR GLOBAL HEALTH | ||||||||||
| 6100 Main St | Houston | TX | 77005 | 841923490 | Type 1 supporting organization | TX | 501(c)(3) | William Marsh Rice University | Yes (true) | Type I |
| The Welch Institute | ||||||||||
| 6100 Main St | Houston | TX | 77005 | 853543248 | Type 3 supporting organization | TX | 501(c)(3) | William Marsh Rice University | false | Type III-FI |
| Rice RE Holdings I | ||||||||||
| 6100 Main St | Houston | TX | 77005 | 830537542 | Real estate title holding | TX | 501(c)(25) | William Marsh Rice University | Yes (true) | |
| Rice RE Holdings II | ||||||||||
| 6100 Main St | Houston | TX | 77005 | 830555733 | Real estate title holding | TX | 501(c)(25) | William Marsh Rice University | Yes (true) | |
| Rice RE Holdings III | ||||||||||
| 6100 Main St | Houston | TX | 77005 | 830525761 | Real estate title holding | TX | 501(c)(25) | William Marsh Rice University | Yes (true) | |
| Rice RE Holdings IV | ||||||||||
| 6100 Main St | Houston | TX | 77005 | 830573199 | Real estate title holding | TX | 501(c)(25) | William Marsh Rice University | Yes (true) | |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (17 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Predominant Income TypePredominantIncomeTypeTxt | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt | Disproportionate AllocationsDisproportionateAllocationsInd | General Or Managing PartnerGeneralOrManagingPartnerInd | OwnershipOwnershipPct | UBI Code VUBICodeVAmt | Address Line2USAddress/AddressLine2Txt | Legal Domicile Foreign CountryLegalDomicileForeignCountryCd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| WMR ACME I LLC | ||||||||||||||||
| 2227 60th Avenue SE | Mercer Island | WA | 98040 | 611779912 | Real estate | DE | William Marsh Rice University | Excluded | -$220,775 | $52,780,827 | false | false | 0.95 | |||
| WMR ACME II LLC | ||||||||||||||||
| 2227 60th Avenue SE | Mercer Island | WA | 98040 | 320568534 | Real estate | DE | William Marsh Rice University | Excluded | -$312,701 | $13,056,139 | false | false | 0.975 | |||
| WMR ACME III LLC | ||||||||||||||||
| 7417 W MERCER WAY | Mercer Island | WA | 98040 | 842798588 | Real estate | DE | William Marsh Rice University | Excluded | $13,665 | $18,480,235 | false | false | 0.975 | |||
| WMR Redcar I LLC | ||||||||||||||||
| PO Box 531847 | Los Angeles | CA | 90053 | 474181408 | Real estate | DE | William Marsh Rice University | Excluded | $312,555 | $93,213,541 | false | false | 0.95 | |||
| WMR Redcar II LLC | ||||||||||||||||
| PO Box 531847 | Los Angeles | CA | 90053 | 812828751 | Real estate | DE | William Marsh Rice University | Excluded | -$3,413,600 | $88,401,265 | false | false | 0.98 | |||
| WMR Falcon Ridge LLC (final) | ||||||||||||||||
| 3601 Minnesota Drive Suite 510 | Bloomington | MN | 55435 | 820650932 | Real estate | DE | Willliam Marsh Rice University | Excluded | -$61,935 | $0 | false | false | 0.95 | -$17,545 | ||
| WMRBNA II GP | ||||||||||||||||
| 1033 Demonbreun Suite 600 | Nashville | TN | 37203 | 814219211 | Real estate | TN | William Marsh Rice University | Excluded | $166,528 | $12,059,893 | false | false | 0.95 | |||
| WMRBNA Fund III Holdings LLC | ||||||||||||||||
| 1033 Demonbreun Suite 600 | Nashville | TN | 37203 | 822127638 | Real estate | DE | William Marsh Rice University | Excluded | $2,602,812 | $59,570,033 | false | false | 0.98 | |||
| WMRBNA Fund IV | ||||||||||||||||
| 1033 Demonbreun Suite 600 | Nashville | TN | 37203 | 883587713 | Real estate | TN | William Marsh Rice University | Excluded | $269,593 | $30,758,516 | false | false | 0.975 | |||
| WMR White Star LLC | ||||||||||||||||
| 16192 Coastal Highway | Lewes | DE | 19958 | 825471150 | Real estate | DE | WMR White Star Holdings LLC | Excluded | -$411,281 | $55,878,592 | false | false | 0.8 | |||
| WMR White Star II LLC | ||||||||||||||||
| 16192 Coastal Highway | Lewes | DE | 19958 | 833118340 | Real estate | DE | WMR White Star Holdings LLC | Excluded | -$122,460 | $4,033,985 | false | false | 0.8 | |||
| Amador R Partners LP | ||||||||||||||||
| 5060 Canyon Crest Dr | San Ramon | CA | 94582 | 384057107 | Alternative investment | DE | William Marsh Rice University | Unrelated | -$5,797 | $1,251,259 | false | false | 0.8522 | -$5,797 | ||
| LVA4 Co-Investment III LP | ||||||||||||||||
| 712 Main Street Suite 2500 | Houston | TX | 77002 | 475564692 | Alternative investment | DE | William Marsh Rice University | Excluded | $2,548,501 | $36,228,605 | false | false | 0.9999 | |||
| LVA5 Co-Investment III LP | ||||||||||||||||
| 712 Main Street Suite 2500 | Houston | TX | 77002 | 832884573 | Alternative investment | DE | William Marsh Rice University | Excluded | $803 | $3,760,350 | false | false | 0.9999 | |||
| Mercury Affiliates XV LLC | ||||||||||||||||
| 3737 Buffalo Speedway Suite 1750 | Houston | TX | 77098 | 881334087 | Alternative investment | DE | William Marsh Rice University | Excluded | $0 | $7,981,455 | false | false | 0.7418 | |||
| BOREALIS STRATEGIC CAPITAL PARTNERS MASTER FUND I LP | ||||||||||||||||
| C/O BOREALIS STRATEGIC CAPITAL GENE | CHICAGO | IL | 60603 | 981405349 | Alternative investment | Borealis Strategic Capital Partners Offshore Fund I LP | Excluded | -$839,263 | $83,802,794 | false | false | 0.5111 | 190 S LASALLE ST SUITE 570 | CJ | ||
| BOREALIS STRATEGIC CO-INVESTMENT FUND IP LP | ||||||||||||||||
| C/O BOREALIS STRATEGIC CAPITAL GENE | CHICAGO | IL | 60603 | 981472668 | Alternative investment | Borealis Strategic Co-Investment Fund IC LP | Excluded | -$2,023,319 | $48,342,631 | false | false | 0.8049 | 190 S LASALLE ST SUITE 570 | CJ | ||
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (7 entries)
| Address Line1USAddress/AddressLine1Txt | Address Line2USAddress/AddressLine2Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile Foreign CountryLegalDomicileForeignCountryCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Entity TypeEntityTypeTxt | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt | OwnershipOwnershipPct | Controlled OrganizationControlledOrganizationInd | Legal Domicile StateLegalDomicileStateCd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| WMR White Star Holdings LLC | ||||||||||||||
| c/o Rice University | 6100 Main St | Houston | TX | 77005 | 981464842 | Holding company | CJ | William Marsh Rice University | C Corporation | -$533,764 | $28,698,794 | 1 | Yes (true) | |
| Borealis Strategic Capital Partners Offshore Fund I LP | ||||||||||||||
| C/O BOREALIS STRATEGIC CAPITAL GENE | 190 S LASALLE ST SUITE 570 | CHICAGO | IL | 60603 | 981405622 | Alternative investment | CJ | William Marsh Rice University | C Corporation | -$839,263 | $83,802,794 | 0.6746 | Yes (true) | |
| Borealis Strategic Capital Partners Offshore Fund II LP | ||||||||||||||
| C/O BOREALIS STRATEGIC CAPITAL GENE | 190 S LASALLE ST SUITE 570 | CHICAGO | IL | 60603 | 981605094 | Alternative investment | CJ | William Marsh Rice University | C Corporation | -$2,036,152 | $6,315,671 | 0.509 | Yes (true) | |
| Borealis Strategic Co-Investment Fund IC LP | ||||||||||||||
| C/O BOREALIS STRATEGIC CAPITAL GENE | 190 S LASALLE ST SUITE 570 | CHICAGO | IL | 60603 | 981472369 | Alternative investment | CJ | William Marsh Rice University | C Corporation | -$2,023,319 | $48,342,631 | 0.9206 | Yes (true) | |
| Rice Global Paris (fka Rice School of Architecture Paris) | ||||||||||||||
| Education | FR | William Marsh Rice University | C Corporation | $0 | $236,974 | 1 | Yes (true) | |||||||
| Charitable Remainder Trust (1) | ||||||||||||||
| 6100 Main St | Houston | TX | 77005 | Support | NA | Trust | false | CA | ||||||
| Charitable Remainder Trusts (49) | ||||||||||||||
| 6100 Main St | Houston | TX | 77005 | Support | NA | Trust | false | TX | ||||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (true) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | Yes (true) | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | Yes (true) | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | Yes (true) | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (true) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (true) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (true) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | false | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (true) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (true) | TransferToOtherOrgInd |
| Transfer From Other Org | Yes (true) | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (34 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| Rice RE Holdings I | ||
| B | $5,357,137 | FMV |
| Rice RE Holdings II | ||
| B | $414,447 | FMV |
| Rice RE Holdings III | ||
| B | $34,674,383 | FMV |
| Rice RE Holdings III | ||
| R | $1,928,198 | FMV |
| Rice RE Holdings IV | ||
| B | $270,354 | FMV |
| Rice-Land Lumber | ||
| B | $1,067,107 | FMV |
| Rice-Land Lumber | ||
| F | $960,325 | FMV |
| RU Corporation | ||
| F | $66,889 | FMV |
| The Center for Collaborative Research Inc | ||
| B | $2,382,901 | FMV |
| The Center for Collaborative Research Inc | ||
| J | $2,000,000 | FMV |
| The Center for Collaborative Research Inc | ||
| K | $18,401,968 | FMV |
| The Center for Collaborative Research Inc | ||
| Q | $7,621,035 | FMV |
| The Center for Collaborative Research Inc | ||
| R | $426,671 | FMV |
| The Center for Collaborative Research Inc | ||
| S | $9,086,220 | FMV |
| Rice Trust Inc | ||
| O | $206,194 | FMV |
| Rice Global Paris (fka Rice School of Architecture Paris) | ||
| R | $1,010,577 | FMV |
| WMR ACME I LLC | ||
| S | $517,750 | FMV |
| WMR ACME II LLC | ||
| B | $195,000 | FMV |
| WMR ACME III LLC | ||
| S | $250,497 | FMV |
| WMR Falcon Ridge LLC | ||
| S | $7,638,055 | FMV |
| LVA4 Co-Investment III LP | ||
| B | $205,696 | FMV |
| LVA4 Co-Investment III LP | ||
| S | $4,471,623 | FMV |
| LVA5 Co-Investment III LP | ||
| B | $3,355,478 | FMV |
| LVA5 Co-Investment III LP | ||
| S | $234,461 | FMV |
| WMRBNA II GP | ||
| S | $238,333 | FMV |
| WMRBNA Fund III Holdings LLC | ||
| S | $3,148,590 | FMV |
| WMRBNA IV | ||
| B | $14,767,048 | FMV |
| WMR White Star Holdings LLC | ||
| B | $3,008,770 | FMV |
| Borealis Strategic Capital Partners Offshore Fund I LP | ||
| B | $11,315,275 | FMV |
| Borealis Strategic Capital Partners Offshore Fund II LP | ||
| B | $9,290,536 | FMV |
| Borealis Strategic Co-Investment Fund IC LP | ||
| B | $12,582,496 | FMV |
| WMR Redcar I LLC | ||
| B | $4,335,484 | FMV |
| WMR Redcar II LLC | ||
| B | $1,029,239 | FMV |
| Mercury Affiliates XV LLC | ||
| B | $8,000,000 | FMV |