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FAIRFIELD UNIVERSITY: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
FAIRFIELD UNIVERSITY (EIN 06-0646623)
Tax period
2021-07-01 to 2022-06-30
Filed
2023-05-15
IRS object ID
202301359349312645
Schema version
2021v4.2
Source
Download XML · Original 990 at ProPublica

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

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2023-05-15T15:36:15-05:00ReturnTs
Tax Period End2022-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN135565207PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1KPMG LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11305 WALT WHITMAN ROADAddressLine1Txt
CityMELVILLECityNm
State AbbreviationNYStateAbbreviationCd
ZIP11747ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2021-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN060646623EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1FAIRFIELD UNIVERSITYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlFAIRBusinessNameControlTxt
Phone2032544000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11073 NORTH BENSON ROADAddressLine1Txt
CityFAIRFIELDCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06824ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMICHAEL TRAFECANTEPersonNm
Person TitleVP FOR FINANCEPersonTitleTxt
Phone2032544000PhoneNum
Signature2023-05-12SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstMICHAELPersonFirstNm
Person LastTRAFECANTEPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonFELICIA R TUCKERPreparerPersonNm
PTINP00505155PTIN
Phone6314256000PhoneNum
Preparation2023-05-12PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMARK R NEMEC PHDPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11073 NORTH BENSON ROADAddressLine1Txt
CityFAIRFIELDCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06824ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$467,502,127GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.FAIRFIELD.EDUWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1942FormationYr
Legal Domicile StateCTLegalDomicileStateCd
Activity Or MissionTO DEVELOP THE CREATIVE INTELLECTUAL POTENTIAL OF ITS STUDENTS, SEE SCHEDULE O.ActivityOrMissionDesc
Voting Members Governing Body36VotingMembersGoverningBodyCnt
Voting Members Independent35VotingMembersIndependentCnt
Total Employee3362TotalEmployeeCnt
Total Volunteers540TotalVolunteersCnt
Total Gross UBI$160,362TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$50,424NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$25,478,475PYContributionsGrantsAmt
CY Contributions Grants$52,721,702CYContributionsGrantsAmt
PY Program Service Revenue$305,199,314PYProgramServiceRevenueAmt
CY Program Service Revenue$340,521,028CYProgramServiceRevenueAmt
PY Investment Income$10,831,207PYInvestmentIncomeAmt
CY Investment Income$22,131,718CYInvestmentIncomeAmt
PY Other Revenue$277,600PYOtherRevenueAmt
CY Other Revenue$519,533CYOtherRevenueAmt
PY Total Revenue$341,786,596PYTotalRevenueAmt
CY Total Revenue$415,893,981CYTotalRevenueAmt
PY Grants And Similar Paid$97,686,832PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$105,436,777CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$133,123,482PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$144,130,534CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$164,782PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$167,437CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$9,040,200CYTotalFundraisingExpenseAmt
PY Other Expenses$98,277,636PYOtherExpensesAmt
CY Other Expenses$104,681,833CYOtherExpensesAmt
PY Total Expenses$329,252,732PYTotalExpensesAmt
CY Total Expenses$354,416,581CYTotalExpensesAmt
PY Revenues Less Expenses$12,533,864PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$61,477,400CYRevenuesLessExpensesAmt
Total Assets BOY$1,075,022,921TotalAssetsBOYAmt
Total Assets EOY$1,095,002,497TotalAssetsEOYAmt
Total Liabilities BOY$338,725,265TotalLiabilitiesBOYAmt
Total Liabilities EOY$371,263,577TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$736,297,656NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$723,738,920NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionA FAIRFIELD UNIVERSITY EDUCATION HAS BECOME MORE INTEGRATED IN FOCUS, MORE GLOBAL IN OUTLOOK, AND MORE INTERNATIONAL IN ITS STRUCTURE THAN EVER BEFORE IN THE JESUIT TRADITION. SEE SCHEDULE O.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$252,282,408ExpenseAmt
Grant$105,436,777GrantAmt
Revenue$280,238,700RevenueAmt
DescHIGHER LEARNING: FAIRFIELD UNIVERSITY IS AN INSTITUTE OF HIGHER LEARNING WITH UNDERGRADUATE, GRADUATE, DOCTORATE AND CONTINUING EDUCATION ACADEMIC PROGRAMS INCLUDING STUDENTS RESIDING ON CAMPUS AND INCLUDES A COLLEGE PREPARATORY SCHOOL. SEE SCHEDULE O.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$43,134,104ExpenseAmt
Revenue$55,003,790RevenueAmt
DescAUXILIARY SERVICES: AUXILIARY SERVICES INCLUDE THE COSTS OF ROOM AND BOARD FOR APPROXIMATELY 3,416 FULL-TIME UNDERGRADUATE STUDENTS LIVING ON CAMPUS IN RESIDENCE HALLS, TOWNHOUSES, AND APARTMENT COMPLEXES RESIDING ON A 200 ACRE CAMPUS. GRADUATE STUDENT HOUSING IS ALSO OFFERED IN INDEPENDENT OFF-CAMPUS HOUSES, AND IN APARTMENT STYLE RESIDENCE HALLS.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$3,884,581ExpenseAmt
Revenue$5,191,725RevenueAmt
DescOTHER ACTIVITIES: A VARIETY OF STUDENT SERVICES INCLUDING ARTS AND ENTERTAINMENT AT THE QUICK CENTER, STUDENT ACTIVITIES FOR CLUB SPORTS, AND OTHER ITEMS.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$299,301,093TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying ActivitiesYes (1)LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation EasementsYes (1)ConservationEasementsInd
Collections Of ArtYes (1)CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign OfficeYes (1)ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To IndividualsYes (1)MoreThan5000KToIndividualsInd
Professional FundraisingYes (1)ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt BondsYes (1)TaxExemptBondsInd
Invest Tax Exempt Bonds0InvestTaxExemptBondsInd
Escrow Account0EscrowAccountInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art ContributionYes (1)DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document7237IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee3362EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial AccountYes (1)ForeignFinancialAccountInd
Foreign CountryITForeignCountryCd
Foreign CountryUKForeignCountryCd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members36GoverningBodyVotingMembersCnt
Independent Voting Member35IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldCTStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MICHAEL TRAFECANTEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2032544000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11073 NORTH BENSON ROADAddressLine1Txt
CityFAIRFIELDCityNm
State AbbreviationCTStateAbbreviationCd
ZIP06824ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (47 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
MARK R NEMEC
PRESIDENT45.000.00Yes (X)Yes (X)$637,957$0$109,733
NANCY A ALTOBELLO
TRUSTEE5.000.00Yes (X)$0$0$0
REV JOHN F BALDOVIN SJ
TRUSTEE1.000.00Yes (X)$0$0$0
KEVIN P CANNON
TRUSTEE1.000.00Yes (X)$0$0$0
CARLOS M CARDOSO
TRUSTEE5.000.00Yes (X)$0$0$0
FRANK J CARROLL III
TRUSTEE5.000.00Yes (X)$0$0$0
JORGE A CHILUISA
TRUSTEE (AS OF 7-01-2021)1.000.00Yes (X)$0$0$0
REV GEORGE E COLLINS
TRUSTEE1.000.00Yes (X)$0$0$0
WILLIAM C CRAGER
TRUSTEE1.000.00Yes (X)$0$0$0
MARY RYAN CUNNINGHAM
TRUSTEE1.000.00Yes (X)$0$0$0
SHEILA KEARNEY DAVIDSON
TRUSTEE5.000.00Yes (X)$0$0$0
CHRISTOPHER C DESMARAIS
TRUSTEE5.000.00Yes (X)$0$0$0
THOMAS J FANNING SR
TRUSTEE1.000.00Yes (X)$0$0$0
LISA M FERRARO
TRUSTEE (AS OF 7-01-2021)1.000.00Yes (X)$0$0$0
PATRICIA E GLASSFORD
TRUSTEE1.000.00Yes (X)$0$0$0
DOUGLAS W HAMMOND
TRUSTEE1.000.00Yes (X)$0$0$0
BRIAN P HULL
TRUSTEE1.000.00Yes (X)$0$0$0
REV GREGORY KALSCHEUR SJ
TRUSTEE1.000.00Yes (X)$0$0$0
DAGAN T KASAVANA
TRUSTEE (AS OF 7-01-2021)1.000.00Yes (X)$0$0$0
CLAIRE M KNOPF
TRUSTEE1.000.00Yes (X)$0$0$0
STEPHEN M LESSING
TRUSTEE1.000.00Yes (X)$0$0$0
CLINTON A LEWIS JR
TRUSTEE (AS OF 7-01-2021)1.000.00Yes (X)$0$0$0
SHELAGH MAHONEY-MCNAMEE
TRUSTEE1.000.00Yes (X)$0$0$0
ANDREW J MCMAHON
TRUSTEE5.000.00Yes (X)$0$0$0
KRISTIN D MCMAHON
TRUSTEE1.000.00Yes (X)$0$0$0
JOHN C MEDITZ
TRUSTEE5.000.00Yes (X)$0$0$0
ELNER L MORRELL
TRUSTEE1.000.00Yes (X)$0$0$0
ROBERT J MURPHY JR
TRUSTEE5.000.00Yes (X)$0$0$0
PHILLIP J NEUGEBAUER
TRUSTEE1.000.00Yes (X)$0$0$0
GAVIN G O'CONNOR
TRUSTEE1.000.00Yes (X)$0$0$0
BIFF J O'REILLY
TRUSTEE5.000.00Yes (X)$0$0$0
REV MARIO M POWELL SJ
TRUSTEE (AS OF 12-02-2021)1.000.00Yes (X)$0$0$0
REV STEPHEN A PRIVETT SJ
TRUSTEE5.000.00Yes (X)$0$0$0
CHRISTOPHER C QUICK
TRUSTEE1.000.00Yes (X)$0$0$0
KATIE JACOBS ROBINSON
TRUSTEE1.000.00Yes (X)$0$0$0
ROSELLEN WALSH SCHNURR
TRUSTEE5.000.00Yes (X)$0$0$0
MICHAEL TRAFECANTE
TREASURER45.000.00Yes (X)$327,259$0$135,017
KRISTINE CARROLL
SECRETARY45.000.00Yes (X)$74,744$0$50,490
DAVID FRASSINELLI
VICE PRESIDENT OF FACILITIES45.000.00$222,229$0$47,034Yes (X)
CHRISTINE SIEGEL
PROVOST & SR VP ACADEMICS45.000.00$399,128$0$63,370Yes (X)
RICHARD GREENWALD
DEAN, SCHOOL OF CAS45.000.00$247,019$0$61,017Yes (X)
WALTER HALAS
VP OF ADVANCEMENT45.000.00$379,369$0$59,738Yes (X)
JOHN YOUNG
HEAD MBB COACH45.000.00$435,657$0$49,876Yes (X)
ZHAN LI
DEAN, SCHOOL OF BUSINESS45.000.00$381,282$0$34,375Yes (X)
PAUL SCHLICKMANN
DIRECTOR OF ATHLETICS45.000.00$317,857$0$64,406Yes (X)
JONATHAN CARROL
VP OF INFORMATION MGMT45.000.00$263,444$0$112,907Yes (X)
KEVIN LAWLOR
FORMER EXEC VICE PRESIDENT0.000.00$699,058$0$22,803Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$4,385,003TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$810,766TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K247IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedYes (1)FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
GILBANE BUILDING COMPANY
7 JACKSON WALKWAYPROVIDENCERI02903CONSTRUCTION$30,869,362
ARAMARK SERVICES INC
27310 NETWORK PLACECHICAGOIL60673DINING SERVICE$14,819,264
PAC GROUP LLC
126 SOUTH MAIN STREETTORRINGTONCT06790CONSTRUCTION$7,519,084
ABM INDUSTRY GROUP LLC
14141 SOUTHWEST FREEWAY SUITE 400SUGRA LANDTX77478JANITORIAL$4,804,426
SODEXO OPERATIONS LLC
PO BOX 352BUFFALONY14240DINING SERVICE$2,413,734
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K117CntrctRcvdGreaterThan100KCnt
Fundraising$426,797FundraisingAmt
Government Grants$12,827,328GovernmentGrantsAmt
All Other Contributions$39,467,577AllOtherContributionsAmt
Noncash Contributions$7,572,449NoncashContributionsAmt
Total Contributions$52,721,702TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
TUITION & FEES611600$280,238,700$280,238,700
AUXILIARY SERVICES721000$55,003,790$55,003,790
OTHER PROGRAM SERVICES900099$5,189,933$5,189,933
SUMMER CONFERENCES900099$88,605$88,605
FieldValueIRS element (for citing)
Total Program Service Revenue$340,521,028TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$5,833,260TotalRevenueColumnAmt
Unrelated Business Revenue$150,234UnrelatedBusinessRevenueAmt
Exclusion$5,683,026ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$811,176RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$271,946RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$539,230RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$539,230TotalRevenueColumnAmt
Unrelated Business Revenue-$78,477UnrelatedBusinessRevenueAmt
Exclusion$617,707ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$67,159,372SecuritiesAmt
Other$46,400OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$50,791,172SecuritiesAmt
Other$116,142OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$16,368,200SecuritiesAmt
Other-$69,742OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$16,298,458TotalRevenueColumnAmt
Exclusion$16,298,458ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$409,189FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$426,797ContriRptFundraisingEventAmt
Fundraising Direct Expenses$428,886FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$19,697TotalRevenueColumnAmt
Exclusion-$19,697ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$415,893,981TotalRevenueColumnAmt
Related Or Exempt Func Income$340,432,423RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$160,362UnrelatedBusinessRevenueAmt
Exclusion$22,579,494ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$101,288,023TotalAmt
Program Services$101,288,023ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$4,148,754TotalAmt
Program Services$4,148,754ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$5,085,492TotalAmt
Program Services$2,860,905ProgramServicesAmt
Management And General$1,407,498ManagementAndGeneralAmt
Fundraising$817,089FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$101,140,010TotalAmt
Program Services$81,688,804ProgramServicesAmt
Management And General$15,318,577ManagementAndGeneralAmt
Fundraising$4,132,629FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$6,802,104TotalAmt
Program Services$5,493,926ProgramServicesAmt
Management And General$1,030,241ManagementAndGeneralAmt
Fundraising$277,937FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$24,201,803TotalAmt
Program Services$19,547,322ProgramServicesAmt
Management And General$3,665,584ManagementAndGeneralAmt
Fundraising$988,897FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$6,901,125TotalAmt
Program Services$5,413,108ProgramServicesAmt
Management And General$1,171,871ManagementAndGeneralAmt
Fundraising$316,146FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$871,777TotalAmt
Program Services$15,515ProgramServicesAmt
Management And General$856,262ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$204,985TotalAmt
Program Services$3,733ProgramServicesAmt
Management And General$201,252ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$42TotalAmt
Management And General$42ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$167,437TotalAmt
Fundraising$167,437FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$164,951TotalAmt
Management And General$164,951ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$24,057,509TotalAmt
Program Services$20,407,096ProgramServicesAmt
Management And General$2,717,096ManagementAndGeneralAmt
Fundraising$933,317FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$3,244,885TotalAmt
Program Services$3,057,319ProgramServicesAmt
Management And General$149,359ManagementAndGeneralAmt
Fundraising$38,207FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$6,121,819TotalAmt
Program Services$3,942,562ProgramServicesAmt
Management And General$1,667,935ManagementAndGeneralAmt
Fundraising$511,322FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$5,180,243TotalAmt
Program Services$1,416,670ProgramServicesAmt
Management And General$3,605,306ManagementAndGeneralAmt
Fundraising$158,267FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$10,744,583TotalAmt
Program Services$10,744,583ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$3,328,058TotalAmt
Program Services$2,742,231ProgramServicesAmt
Management And General$440,769ManagementAndGeneralAmt
Fundraising$145,058FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$333,857TotalAmt
Program Services$239,210ProgramServicesAmt
Management And General$83,999ManagementAndGeneralAmt
Fundraising$10,648FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$11,796,094TotalAmt
Program Services$9,502,547ProgramServicesAmt
Management And General$2,268,238ManagementAndGeneralAmt
Fundraising$25,309FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$23,405,994TotalAmt
Program Services$16,197,058ProgramServicesAmt
Management And General$7,071,001ManagementAndGeneralAmt
Fundraising$137,935FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$1,946,851TotalAmt
Program Services$218,998ProgramServicesAmt
Management And General$1,727,623ManagementAndGeneralAmt
Fundraising$230FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
MAINTENANCE & EQUIPMENT$8,082,377$2,917,937$5,102,423$62,017
STUDY ABROAD$2,890,130$2,890,130$0$0
CONSULTANTS & HONORARIA$2,038,969$890,628$703,723$444,618
LIBRARY ACQUISITIONS$1,100,163$1,049,574-$125$50,714

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total-$831,454TotalAmt
Program Services$2,624,460ProgramServicesAmt
Management And General-$3,278,337ManagementAndGeneralAmt
Fundraising-$177,577FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$354,416,581TotalAmt
Program Services$299,301,093ProgramServicesAmt
Management And General$46,075,288ManagementAndGeneralAmt
Fundraising$9,040,200FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,020BOYAmt
EOY$1,021EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$87,770,436BOYAmt
EOY$95,675,587EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$29,534,242BOYAmt
EOY$36,651,642EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$2,121,948BOYAmt
EOY$2,609,798EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

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

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

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

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

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

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

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

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$814,772,599LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$318,798,158LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$461,729,658BOYAmt
EOY$495,974,441EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$366,420,075BOYAmt
EOY$322,223,935EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$102,313,290BOYAmt
EOY$83,158,606EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

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

Intangible Assets IntangibleAssetsGrp

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

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$25,132,252BOYAmt
EOY$58,707,467EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,075,022,921BOYAmt
EOY$1,095,002,497EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$50,301,480BOYAmt
EOY$60,653,175EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$1,752,346BOYAmt
EOY$533,207EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$9,041,756BOYAmt
EOY$12,202,999EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$276,510,834BOYAmt
EOY$297,048,684EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

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

Loans From Officers Directors LoansFromOfficersDirectorsGrp

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

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

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

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

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

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,118,849BOYAmt
EOY$825,512EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$338,725,265BOYAmt
EOY$371,263,577EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$378,566,883BOYAmt
EOY$375,358,221EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$357,730,773BOYAmt
EOY$348,380,699EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$736,297,656BOYAmt
EOY$723,738,920EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,075,022,921BOYAmt
EOY$1,095,002,497EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$61,477,400ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$73,926,926NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets-$109,210OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$23,956,109CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$31,852,407CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$42,763,677CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$25,478,475CurrentTaxYearMinus1YearAmt
Current Tax Year$52,721,702CurrentTaxYearAmt
Total$176,772,370TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$23,956,109CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$31,852,407CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$42,763,677CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$25,478,475CurrentTaxYearMinus1YearAmt
Current Tax Year$52,721,702CurrentTaxYearAmt
Total$176,772,370TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$19,471,091SubstantialContributorsTotAmt
Public Support Total170$157,301,279PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$8,509,434CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$7,971,642CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$14,130,651CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$8,353,986CurrentTaxYearMinus1YearAmt
Current Tax Year$6,494,202CurrentTaxYearAmt
Total$45,459,915TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year$50,424CurrentTaxYearAmt
Total$50,424TotalAmt
FieldValueIRS element (for citing)
Total Support$222,282,709TotalSupportAmt
Gross Receipts Rltd Activities$1,502,958,882GrossReceiptsRltdActivitiesAmt
Public Support CY1700.70770PublicSupportCY170Pct
Public Support PY1700.62450PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

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

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Volunteers0VolunteersInd
Paid Staff Or Management0PaidStaffOrManagementInd
Media Advertisements0MediaAdvertisementsInd
Media Advertisements$0MediaAdvertisementsAmt
Mailings Members0MailingsMembersInd
Mailings Members$0MailingsMembersAmt
Publications Or Broadcast0PublicationsOrBroadcastInd
Publications Or Broadcast$0PublicationsOrBroadcastAmt
Grants Other Organizations0GrantsOtherOrganizationsInd
Grants Other Organizations$0GrantsOtherOrganizationsAmt
Direct Contact Legislators0DirectContactLegislatorsInd
Direct Contact Legislators$0DirectContactLegislatorsAmt
Rallies Demonstrations0RalliesDemonstrationsInd
Rallies Demonstrations$0RalliesDemonstrationsAmt
Other ActivitiesYes (1)OtherActivitiesInd
Other Activities$42OtherActivitiesAmt
Total Lobbying Expenditures$42TotalLobbyingExpendituresAmt
Not Described Section501c30NotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART II-B, LINE 1:FormAndLineReferenceDesc
ExplanationFAIRFIELD UNIVERSITY MAY INDIRECTLY INCUR LOBBYING EXPENSE THROUGH DUES PAID TO OTHER ORGANIZATIONS.ExplanationTxt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Protection Natural HabitatYes (X)ProtectionNaturalHabitatInd
Total Easements9TotalEasementsCnt
Total Acreage30.00TotalAcreageCnt
Historic Strctr Easements Aftr2HistoricStrctrEasementsAftrCnt
Modified Easements0ModifiedEasementsCnt
States Easements Held1StatesEasementsHeldCnt
Written Policy MonitoringYes (1)WrittenPolicyMonitoringInd
Staff Hours Spent Enforcement65.00StaffHoursSpentEnforcementCnt
Expenses Incurred Enforcement$42,500ExpensesIncurredEnforcementAmt
Section170h Rqr Stsfd0Section170hRqrStsfdInd

Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp

FieldValueIRS element (for citing)
Revenues Included$0RevenuesIncludedAmt
Assets Included$0AssetsIncludedAmt
FieldValueIRS element (for citing)
Collection Used Pub ExhibitionYes (X)CollectionUsedPubExhibitionInd
Coll Used Scholarly RsrchYes (X)CollUsedScholarlyRsrchInd
Collection Used PreservationYes (X)CollectionUsedPreservationInd
Coll Used Loan Or Exch ProgYes (X)CollUsedLoanOrExchProgInd
Solicited Assets Sale0SolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$464,604,164BeginningYearBalanceAmt
Contributions$6,900,055ContributionsAmt
Investment Earnings Or Losses-$51,712,704InvestmentEarningsOrLossesAmt
Grants Or Scholarships$4,392,904GrantsOrScholarshipsAmt
Other Expenditures$7,940,015OtherExpendituresAmt
Administrative Expenses$113,609AdministrativeExpensesAmt
End Year Balance$407,344,987EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$357,051,925BeginningYearBalanceAmt
Contributions$5,229,014ContributionsAmt
Investment Earnings Or Losses$118,628,213InvestmentEarningsOrLossesAmt
Grants Or Scholarships$4,158,615GrantsOrScholarshipsAmt
Other Expenditures$11,999,924OtherExpendituresAmt
Administrative Expenses$146,449AdministrativeExpensesAmt
End Year Balance$464,604,164EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$382,450,518BeginningYearBalanceAmt
Contributions$1,402,417ContributionsAmt
Investment Earnings Or Losses-$15,169,929InvestmentEarningsOrLossesAmt
Grants Or Scholarships$4,530,960GrantsOrScholarshipsAmt
Other Expenditures$6,958,998OtherExpendituresAmt
Administrative Expenses$141,123AdministrativeExpensesAmt
End Year Balance$357,051,925EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$371,182,676BeginningYearBalanceAmt
Contributions$8,226,618ContributionsAmt
Investment Earnings Or Losses$14,081,047InvestmentEarningsOrLossesAmt
Grants Or Scholarships$4,407,492GrantsOrScholarshipsAmt
Other Expenditures$6,465,466OtherExpendituresAmt
Administrative Expenses$166,865AdministrativeExpensesAmt
End Year Balance$382,450,518EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$355,306,266BeginningYearBalanceAmt
Contributions$6,966,222ContributionsAmt
Investment Earnings Or Losses$25,695,257InvestmentEarningsOrLossesAmt
Grants Or Scholarships$3,856,209GrantsOrScholarshipsAmt
Other Expenditures$12,497,141OtherExpendituresAmt
Administrative Expenses$431,719AdministrativeExpensesAmt
End Year Balance$371,182,676EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.38430BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.61570PrmnntEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$9,108,009OtherCostOrOtherBasisAmt
Book Value$9,108,009BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$647,765,615OtherCostOrOtherBasisAmt
Depreciation$234,285,473DepreciationAmt
Book Value$413,480,142BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$90,764,141OtherCostOrOtherBasisAmt
Depreciation$75,067,828DepreciationAmt
Book Value$15,696,313BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$67,134,834OtherCostOrOtherBasisAmt
Depreciation$9,444,857DepreciationAmt
Book Value$57,689,977BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$495,974,441TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (3 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
PRIVATE EQUITY AND OTHER$43,363,196F
EQUITY FUNDS (NONREGISTERED)$3,972F
HEDGE FUND OF FUNDS$39,791,438F
FieldValueIRS element (for citing)
Total Book Value Securities$83,158,606TotalBookValueSecuritiesAmt

Other Assets Org OtherAssetsOrgGrp (3 entries)

DescDescBook ValueBookValueAmt
DEPOSIT WITH TRUSTEES$40,688,887
OTHER ASSETS$5,443,783
ROU OPERATING LEASE ASSETS$12,574,797
FieldValueIRS element (for citing)
Total Book Value Other Assets$58,707,467TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescCAPITAL LEASESDesc
Amt$825,512Amt
FieldValueIRS element (for citing)
Total Liability$825,512TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$236,956,948TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$73,926,926NetUnrealizedGainsInvstAmt
Other Revenue-$104,845,156OtherRevenueAmt
Revenue Not Reported-$178,772,082RevenueNotReportedAmt
Revenue Subtotal$415,729,030RevenueSubtotalAmt
Investment Expenses Not Incld$164,951InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$164,951RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$415,893,981TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$249,515,684TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included-$104,735,946OtherExpensesIncludedAmt
Expenses Not Reported-$104,735,946ExpensesNotReportedAmt
Expenses Subtotal$354,251,630ExpensesSubtotalAmt
Investment Expenses Not Incld2$164,951InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$164,951ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$354,416,581TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART III, LINE 1A:SFAS 116 (ASC 958) FOOTNOTE THE ART COLLECTIONS ARE DONATED TO THE UNIVERSITY AND NOT RECOGNIZED IN THE ASSETS OF THE BALANCE SHEET. THE AUDITED FINANCIAL STATEMENTS DO NOT HAVE A FOOTNOTE REGARDING THE COLLECTIONS.
PART III, LINE 4:ORGANIZATION'S COLLECTION THE ART COLLECTIONS ARE AN IMPORTANT CULTURAL RESOURCE OF THE UNIVERSITY, PROVIDING ARTS AND ACADEMIC ENRICHMENT TO THE STUDENTS, FACULTY, LOCAL COMMUNITY, AND INTERNATIONAL SCHOLARLY COMMUNITY. THE COLLECTIONS ARE HOUSED AT THE FAIRFIELD UNIVERSITY ART MUSEUM'S THOMAS J WALSH ART GALLERY, THE BELLARMINE HALL GALLERIES AND AT VARIOUS LOCATIONS ON CAMPUS. THE COLLECTIONS AREA OF THE MUSEUM'S WEBSITE PROVIDES DIGITAL ACCESS TO THESE WORKS OF ART, AND PROVIDES ART HISTORICAL AND TECHNICAL INFORMATION ABOUT THESE OBJECTS. THE FAIRFIELD UNIVERSITY ART MUSEUM IS DEDICATED TO PRESERVING, STUDYING, AND EXHIBITING THOSE OBJECTS ENTRUSTED TO ITS CARE, WHILE NEVER LOSING SIGHT OF ITS OBLIGATION TO EDUCATE AND INSPIRE ITS MANY AUDIENCES, FOR THE GREATER ENRICHMENT OF ALL. THE MUSEUM IS OPEN TO THE PUBLIC AND FREE OF CHARGE.
PART V, LINE 4:THE UNIVERSITY'S ENDOWMENT IS AN AGGREGATION OF GIFTS PROVIDED BY DONORS WITH THE REQUIREMENT THE GIFTS BE HELD IN PERPETUITY TO GENERATE EARNINGS NOW AND IN FUTURE YEARS TO SUPPORT THE UNIVERSITY'S PROGRAMS OF INSTRUCTION, RESEARCH AND PUBLIC SERVICE AND FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENT. EARNINGS FROM ENDOWMENT INVESTMENTS SUPPORT SCHOLARSHIPS, CHAIRS, PROFESSORSHIPS, FELLOWSHIPS, BASIC RESEARCH, AS WELL AS ACADEMIC AND PUBLIC SERVICE PROGRAMS. THE ENDOWMENT SHOULD PROVIDE STABILITY SINCE THE PRINCIPAL IS INVESTED AND EARNINGS ARE GENERATED YEAR AFTER YEAR. NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS, ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS.
PART X, LINE 2:THE UNIVERSITY IS A NOT-FOR-PROFIT CORPORATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE) AND IS GENERALLY EXEMPT FROM INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE. THE UNIVERSITY RECOGNIZES THE EFFECTS OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT OF BEING SUSTAINED. THE UNIVERSITY EVALUATES, ON AN ANNUAL BASIS, THE EFFECTS OF ANY UNCERTAIN TAX POSITIONS ON ITS FINANCIAL STATEMENTS. AS OF JUNE 30, 2022 AND 2021, THE UNIVERSITY HAS NOT IDENTIFIED OR PROVIDED FOR ANY SUCH POSITIONS.
PART XI, LINE 2D - OTHER ADJUSTMENTS:RENTAL EXPENSE 271,945. FUNDRAISING EXPENSE 428,886. STUDENT FINANCIAL AID & SPLIT INTEREST ADJUSTMENT -105,545,987.
PART XII, LINE 2D - OTHER ADJUSTMENTS:FUNDRAISING EXPENSE 428,886. STUDENT FINANCIAL AID -105,436,777. RENTAL EXPENSE 271,945.

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (1)GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3SEE SUPPLEMENTAL PAGE
PART I, LINE 3FAIRFIELD UNIVERSITY ADMITS STUDENTS OF ANY SEX, RACE, COLOR, MARITAL STATUS, SEXUAL ORIENTATION, RELIGION, AGE, NATIONAL ORIGIN OR ANCESTRY, DISABILITY OR HANDICAP TO ALL THE RIGHTS, PRIVILEGES, PROGRAMS, AND ACTIVITIES GENERALLY ACCORDED OR MADE AVAILABLE TO STUDENTS OF THE UNIVERSITY. IT DOES NOT DISCRIMINATE ON THE BASIS OF SEX, RACE, COLOR, MARITAL STATUS, SEXUAL ORIENTATION, GENDER IDENTITY, VETERAN'S STATUS, POLITICAL IDEOLOGY, RELIGION, AGE, NATIONAL ORIGIN OR ANCESTRY, DISABILITY OR HANDICAP IN ADMINISTRATION OF ITS EDUCATIONAL POLICIES, ADMISSIONS POLICIES, EMPLOYMENT POLICIES, SCHOLARSHIP AND LOAN PROGRAMS, ATHLETIC PROGRAMS, OR OTHER UNIVERSITY-ADMINISTERED PROGRAMS. THIS INFORMATION IS OUTLINED ON FAIRFIELD UNIVERSITY'S PUBLIC WEBSITE.
PART I, LINE 6FAIRFIELD UNIVERSITY RECEIVES GRANTS, AWARDS AND FINANCIAL ASSISTANCE FOR ITS STUDENTS FROM VARIOUS GOVERNMENTAL AGENCIES. THE UNIVERSITY HAS ALWAYS BEEN IN GOOD STANDING AND THE RIGHT TO RECEIVE SUCH AID HAS NEVER BEEN REVOKED OR SUSPENDED.

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (12 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
EUROPE (INCLUDING ICELAND AND GREENLAND)25PROGRAM SERVICESSTUDY ABROAD PROGRAM$3,083,465
EAST ASIA AND THE PACIFIC00PROGRAM SERVICESSTUDY ABROAD PROGRAM$25,403
EAST ASIA AND THE PACIFICGRANTMAKING$974,330
EUROPE (INCLUDING ICELAND AND GREENLAND)GRANTMAKING$1,658,382
MIDDLE EAST AND NORTH AFRICAGRANTMAKING$54,870
NORTH AMERICAGRANTMAKING$575,692
RUSSIA AND THE NEWLY INDEPENDENT STATESGRANTMAKING$165,200
SOUTH AMERICAGRANTMAKING$177,520
SOUTH ASIAGRANTMAKING$304,800
SUB-SAHARAN AFRICAGRANTMAKING$237,960
CENTRAL AMERICA AND THE CARIBBEANINVESTMENTS$65,528,035
EUROPE (INCLUDING ICELAND AND GREENLAND)INVESTMENTS$2,927,754
FieldValueIRS element (for citing)
Subtotal Offices2SubtotalOfficesCnt
Subtotal Employees5SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office2TotalOfficeCnt
Total Employee5TotalEmployeeCnt
Subtotal Spent$6,714,862SubtotalSpentAmt
Continuation Spent$68,998,549ContinuationSpentAmt
Total Spent$75,713,411TotalSpentAmt

Foreign Individuals Grants ForeignIndividualsGrantsGrp (8 entries)

Type Of AssistanceTypeOfAssistanceTxtRegionRegionTxtRecipientRecipientCntCash GrantCashGrantAmt
SCHOLARSHIPEAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA,24$974,330
SCHOLARSHIPEUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIU34$1,658,382
SCHOLARSHIPNORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES13$575,692
SCHOLARSHIPSOUTH AMERICA - ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLUMBIA, ECUADOR,3$177,520
SCHOLARSHIPSOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL,6$304,800
SCHOLARSHIPSUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO,6$237,960
SCHOLARSHIPMIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT,2$54,870
SCHOLARSHIPRUSSIA AND NEIGHBORING STATES3$165,200
FieldValueIRS element (for citing)
Transfer To Foreign CorpYes (1)TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp OwnershipYes (1)ForeignCorpOwnershipInd
Passive Foreign Investmest CoYes (1)PassiveForeignInvestmestCoInd
Foreign PartnershipYes (1)ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART III ACCOUNTING METHOD:
PART I, LINE 1THE UNIVERSITY HAS IN PLACE INTERNAL CONTROLS TO ENSURE AMOUNTS ARE AWARDED TO STUDENTS WHO CONTINUE TO MEET & MAINTAIN ELIGIBILITY REQUIREMENTS. THESE INTERNAL CONTROLS ARE ADMINISTRATED BY THE UNIVERSITY'S FINANCIAL AID OFFICE.
PART 1, LINE 3STUDY ABROAD PROGRAMS AND GRANTMAKING ARE REPORTED ON THE ACCRUAL METHOD. INVESTMENTS ARE REPORTED AT FAIR MARKET VALUE. SCHEDULE F - GRANTMAKING THE UNIVERSITY OFFERS FINANCIAL ASSISTANCE IN THE FORM OF LOANS, GRANTS, EMPLOYMENT (WORK STUDY) AND SCHOLARSHIPS. THE AWARDS ARE AWARDED TO STUDENTS MEETING CERTAIN ELIGIBILITY REQUIREMENTS. THE PROGRAMS ARE ADMINISTERED BY THE FINANCIAL AID OFFICE.

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Mail SolicitationsYes (X)MailSolicitationsInd
Email SolicitationsYes (X)EmailSolicitationsInd
Phone SolicitationsYes (X)PhoneSolicitationsInd
In Person SolicitationsYes (X)InPersonSolicitationsInd
Solicitation Of Non Govt GrantsYes (X)SolicitationOfNonGovtGrantsInd
Special Fundraising EventsYes (X)SpecialFundraisingEventsInd
Agrmt Prof Fundraising ActyYes (1)AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdActivityActivityTxtFundraiser Control Of FundsFundraiserControlOfFundsIndGross ReceiptsGrossReceiptsAmtRetained By ContractorRetainedByContractorAmtNet To OrganizationNetToOrganizationAmt
GREATER GIVING
1920 NE STUCKI AVE SUITE 140HILLSBOROOR97006EXTERNAL WEBSITE0$182,910$10,090$172,820
GIVECAMPUS INC
99 M ST SE 233WASHINGTONDC20003EXTERNAL WEBSITE0$130,117$15,500$114,617
COMMUNITY COUNSELLING
527 MADISON AVENUE 5TH FLOORNEW YORKNY10022CAMPAIGN CONSULTING0$0$120,000-$120,000
FieldValueIRS element (for citing)
Total Gross Receipts$313,027TotalGrossReceiptsAmt
Total Retained By Contractors$145,590TotalRetainedByContractorsAmt
Total Net To Organization$167,437TotalNetToOrganizationAmt
Licensed StatesCTLicensedStatesCd
Licensed StatesFLLicensedStatesCd
Licensed StatesNJLicensedStatesCd
Licensed StatesNYLicensedStatesCd

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1AWARDS DINNEREvent1Nm
Gross Receipts Event1$541,884GrossReceiptsEvent1Amt
Charitable Contri Event1$315,822CharitableContriEvent1Amt
Gross Revenue Event1$226,062GrossRevenueEvent1Amt
Rent Facility Costs Event1$43,318RentFacilityCostsEvent1Amt
Food And Beverage Event1$200,642FoodAndBeverageEvent1Amt
Other Direct Expenses Event1$80,550OtherDirectExpensesEvent1Amt
Event2PREP AUCTIONEvent2Nm
Gross Receipts Event2$240,685GrossReceiptsEvent2Amt
Charitable Contri Event2$110,625CharitableContriEvent2Amt
Gross Revenue Event2$130,060GrossRevenueEvent2Amt
Rent Facility Costs Event2$19,241RentFacilityCostsEvent2Amt
Food And Beverage Event2$22,618FoodAndBeverageEvent2Amt
Other Direct Expenses Event2$19,901OtherDirectExpensesEvent2Amt
Other Events Total1OtherEventsTotalCnt
Gross Receipts Other Events$53,417GrossReceiptsOtherEventsAmt
Charitable Contri Other Events$350CharitableContriOtherEventsAmt
Gross Revenue Other Events$53,067GrossRevenueOtherEventsAmt
Rent Fclty Costs Other Events$37,743RentFcltyCostsOtherEventsAmt
Oth Direct Expnss Other Events$4,873OthDirectExpnssOtherEventsAmt
Gross Receipts Total$835,986GrossReceiptsTotalAmt
Charitable Contributions Tot$426,797CharitableContributionsTotAmt
Gross Revenue Total Events$409,189GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events$100,302RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$223,260FoodAndBeverageTotalEventsAmt
Oth Direct Expnss Total Events$105,324OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$428,886DirectExpenseSummaryEventsAmt
Net Income Summary-$19,697NetIncomeSummaryAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE G, PART I- PROFESSIONAL FUNDRAISING SERVICESFormAndLineReferenceDesc
Explanation- COMMUNITY COUNSELING SERVICES, A STRATEGIC FUNDRAISING FIRM, PROVIDED ON-SITE TRAININGS TO FAIRFIELD UNIVERSITY IN-HOUSE PERSONNEL ON FUNDRAISING STRATEGIES, PLANNING, MANAGING, AS WELL AS IMPLEMENTING PROGRAMS THAT ACHIEVE FUNDRAISING GOALS. THE UNIVERSITY IS UNABLE TO DETERMINE THE GROSS RECEIPTS FROM THESE ACTIVITIES. - GREATER GIVING AND GIVECAMPUS: PROVIDES AN ON-LINE PLATFORM USED AS PART OF THE UNIVERSITY'S ANNUAL FUNDRAISING ACTIVITIES.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (5 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceDesc
INSTITUTIONAL SCHOLARSHIPS6534$86,249,0890
ATHLETIC SCHOLARSHIPS314$6,600,5550
STATE AND FEDERAL GRANTS268$582,4220
PREP SCHOOL FINANCIAL AID287$3,402,0610
OTHER FINANCIAL AID642$4,453,8960

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationTHE UNIVERSITY OFFERS FINANCIAL ASSISTANCE IN THE FORM OF LOANS, GRANTS, EMPLOYMENT (WORK STUDY) AND SCHOLARSHIPS. THE AWARDS ARE AWARDED TO STUDENTS MEETING CERTAIN ELIGIBILITY REQUIREMENTS. THE PROGRAMS ARE ADMINISTERED BY THE FINANCIAL AID OFFICE WHICH HAS VARIOUS INTERNAL CONTROLS IN PLACE TO MONITOR THE AMOUNT OFFERED TO STUDENTS. AN ANNUAL UNIFORM GUIDANCE AUDIT IS CONDUCTED FOR THE FINANCIAL AID PROGRAMS AND THE FISAP REPORT IS PREPARED ANNUALLY FOR THE DEPARTMENT OF EDUCATION. AMOUNTS OF AID AWARDED ARE CREDITED TO STUDENT ACCOUNTS AND NOT SENT DIRECTLY TO THE STUDENT.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Housing Allowance Or ResidenceYes (X)HousingAllowanceOrResidenceInd
Club Dues Or FeesYes (X)ClubDuesOrFeesInd
Written Policy Ref T And E ExpnssYes (1)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (1)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (11 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
MARK R NEMEC
PRESIDENT$500,200$0$125,461$0$12,296$0$12,299$0$97,434$0$747,690$0$0$0
KEVIN LAWLOR
FORMER EXEC VICE PRESIDENT$565,584$0$77,691$0$55,783$0$5,099$0$17,704$0$721,861$0$0$0
JOHN YOUNG
HEAD MBB COACH$424,522$0$4,250$0$6,885$0$14,413$0$35,463$0$485,533$0$0$0
CHRISTINE SIEGEL
PROVOST & SR VP ACADEMICS$326,628$0$72,500$0$0$0$17,066$0$46,304$0$462,498$0$0$0
MICHAEL TRAFECANTE
TREASURER$277,259$0$50,000$0$0$0$17,169$0$117,848$0$462,276$0$0$0
WALTER HALAS
VP OF ADVANCEMENT$308,734$0$65,000$0$5,635$0$17,686$0$42,052$0$439,107$0$0$0
ZHAN LI
DEAN, SCHOOL OF BUSINESS$323,969$0$48,313$0$9,000$0$17,243$0$17,132$0$415,657$0$0$0
PAUL SCHLICKMANN
DIRECTOR OF ATHLETICS$273,452$0$41,636$0$2,769$0$17,692$0$46,714$0$382,263$0$0$0
JONATHAN CARROL
VP OF INFORMATION MGMT$238,944$0$24,500$0$0$0$15,533$0$97,374$0$376,351$0$0$0
RICHARD GREENWALD
DEAN, SCHOOL OF CAS$235,996$0$4,708$0$6,315$0$14,951$0$46,066$0$308,036$0$0$0
DAVID FRASSINELLI
VICE PRESIDENT OF FACILITIES$197,229$0$25,000$0$0$0$12,738$0$34,296$0$269,263$0$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 1AFormAndLineReferenceDesc
ExplanationTHE PRESIDENT RESIDES IN A HOUSE THAT WAS DONATED TO THE UNIVERSITY SPECIFICALLY FOR THE PRESIDENT'S USE. THE HOUSE IS USED EXTENSIVELY FOR UNIVERSITY EVENTS. THE PRESIDENT LIVES IN THE HOUSE FOR THE CONVENIENCE OF THE UNIVERSITY. ALL AMOUNTS ARE INCLUDED IN NON-TAXABLE BENEFITS IN COLUMN D OF SCHEDULE J, PART II, COLUMN (D). THE UNIVERSITY PROVIDES AN APARTMENT FOR USE BY THE DEAN OF THE SCHOOL OF BUSINESS AND THE PRESIDENT OF THE SECONDARY HIGH SCHOOL. ALL AMOUNTS ARE INCLUDED IN TAXABLE INCOME. HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES: THE PRESIDENT RECEIVED MEMBERSHIP TO A CLUB FOR THE PURPOSE OF ENTERTAINING POTENTIAL DONORS. ALL AMOUNTS ARE INCLUDED IN TAXABLE INCOME.ExplanationTxt

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
CHEFA 2016 SERIES Q-1
A06080618620774YYR22016-02-25$53,583,942CONSTRUCT OF VAR CAMPUS FACILITIES000
CHEFA 2016 SERIES Q-2
B06080618620774YZH32016-03-30$20,006,907PARTIALLY REFUND CHEFA SERIES 2008000
CHEFA 2017 SERIES R
C06080618620774Y3B12017-12-20$121,950,419REFUND CHEFA SERIES O, CONSTRUCTION000
CHEFA 2018 SERIES S
D06080618620774Y3Y12018-04-04$75,309,545REFUND CHEFA SERIES M & N000

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)

Bond ReferenceBondReferenceCdTotal ProceedsTotalProceedsAmtCapitalized InterestCapitalizedInterestAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCapital ExpendituresCapitalExpendituresAmtSubstantial CompletionSubstantialCompletionYrRefunding Tax Exempt BondsRefundingTaxExemptBondsIndRefunding Taxable BondsRefundingTaxableBondsIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintIndRetiredRetiredAmtOther Spent ProceedsOtherSpentProceedsAmt
A$53,583,942$3,138,393$525,083$49,920,466201800Yes (1)Yes (1)
B$20,006,907$291,47620160Yes (1)Yes (1)Yes (1)$4,010,000$19,715,431
C$121,950,419$808,952$40,000,00020190Yes (1)Yes (1)Yes (1)$81,141,467
D$75,309,545$554,3892018Yes (1)0Yes (1)Yes (1)$15,735,000$74,755,156

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndEngage Bond Counsel ContractsEngageBondCounselContractsIndAny Research AgreementsAnyResearchAgreementsIndPrivate Bus Use By OthersPrivateBusUseByOthersPctPrivate Bus Concerning UBIPrivateBusConcerningUBIPctTotal Private Business UseTotalPrivateBusinessUsePctBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdIndEngage Bond Counsel ResearchEngageBondCounselResearchInd
A00Yes (1)Yes (1)00.000000.000000.0000000Yes (1)
B00Yes (1)Yes (1)Yes (1)0.000000.000000.0000000Yes (1)Yes (1)
C00Yes (1)Yes (1)00.000000.000000.0000000Yes (1)
D00Yes (1)Yes (1)00.000000.000000.0000000Yes (1)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndRebate Not Due YetRebateNotDueYetIndException To RebateExceptionToRebateIndNo Rebate DueNoRebateDueIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
A000Yes (1)0000Yes (1)
B000Yes (1)0000Yes (1)
C0Yes (1)000000Yes (1)
D0Yes (1)000000Yes (1)

Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
AYes (1)
BYes (1)
CYes (1)
DYes (1)

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE K, PART II, LINE 11CHEFA 2016 SERIES Q-2 BOND: THE OTHER SPENT PROCEEDS WERE USED TO ADVANCE REFUND A PORTION OF THE SERIES M BOND ISSUE. CHEFA 2017 SERIES R BOND: THE OTHER PROCEEDS WERE USED TO REFUND SERIES O. THE REMAINING $40 MILLION WAS USED FOR THE CONSTRUCTION OF NEW JR/SR TOWNHOUSES AND RENOVATIONS OF OTHER CAMPUS FACILITIES. CHEFA 2018 SERIES S BOND: THE OTHER SPEND PROCEEDS WERE USED TO CURRENTLY REFUND THE 2008 SERIES M AND SERIES N BOND ISSUES. CHEFA 2020 SERIES T BOND: THE OTHER SPENT PROCEEDS WERE USED TO REFUND THE 2010 SERIES P BOND SERIES.
PART III, LINE 3AALL MANAGEMENT AND SERVICE CONTRACTS IN BOND FINANCED SPACE HAVE BEEN PREVIOUSLY REVIEWED BY BOND COUNSEL. THEY WERE DETERMINED TO FALL UNDER THE SAFE HARBOR PROVIDED BY REVENUE PROCEDURE 2007-17 AND WILL NOT RESULT IN PRIVATE BUSINESS USE.
PART III, LINE 3CRESEARCH AGREEMENTS: RESEARCH AGREEMENTS RELATING TO THE BONDS ISSUE Q2 HAVE BEEN REVIEWED BY BOND COUNSEL TO ENSURE THEY ARE COMPLIANT WITH THE APPLICABLE SAFE HARBORS. THE RESEARCH AGREEMENTS DID NOT RESULT IN ANY PRIVATE BUSINESS USE.
PART IV, LINE 2CTHE DATE OF MOST RECENT REBATE CALCULATION FOR THE CHEFA 2016 SERIES Q-1 WAS FEBRUARY 25, 2021. THE DATE OF THE MOST RECENT REBATE CALCULATION FOR THE CHEFA 2016 Q-2 WAS MARCH 30, 2021. THE DATE OF THE MOST RECENT REBATE CALCULATION FOR THE CHEFA 2017 SERIES R BOND WAS DECEMBER 20, 2022. THE DATE OF THE MOST RECENT REBATE CALCULATION FOR THE CHEFA 2018 SERIES S BOND WAS APRIL 4, 2023.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
CHEFA 2020 SERIES T
A06080618620775DHW52020-09-10$28,063,429REFUND CHEFA SERIES P, CONSTRUCTION000
CHEFA 2022 SERIES U
B06080618620775DSTO2022-03-17$30,469,568SERIES U CONSTRUCTION000

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)

Bond ReferenceBondReferenceCdRetiredRetiredAmtTotal ProceedsTotalProceedsAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCapital ExpendituresCapitalExpendituresAmtOther Spent ProceedsOtherSpentProceedsAmtUnspentUnspentAmtRefunding Tax Exempt BondsRefundingTaxExemptBondsIndRefunding Taxable BondsRefundingTaxableBondsIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintInd
A$1,360,000$28,063,429$489,189$9,713,514$6,949,859$10,910,867Yes (1)00Yes (1)
B$30,469,568$469,568$977,063$29,022,937000Yes (1)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndEngage Bond Counsel ContractsEngageBondCounselContractsIndAny Research AgreementsAnyResearchAgreementsIndPrivate Bus Use By OthersPrivateBusUseByOthersPctPrivate Bus Concerning UBIPrivateBusConcerningUBIPctTotal Private Business UseTotalPrivateBusinessUsePctBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A00Yes (1)Yes (1)00.000000.000000.0000000Yes (1)
B00Yes (1)Yes (1)00.000000.000000.0000000Yes (1)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndRebate Not Due YetRebateNotDueYetIndException To RebateExceptionToRebateIndNo Rebate DueNoRebateDueIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
A0Yes (1)000000Yes (1)
B0Yes (1)000000Yes (1)

Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
AYes (1)
BYes (1)

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution195ContributionCnt
Noncash Contributions Rpt F990$0NoncashContributionsRptF990Amt
Method Of Determining RevenuesAPPRAISALSMethodOfDeterminingRevenuesTxt

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution70ContributionCnt
Noncash Contributions Rpt F990$7,017,799NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
DescGIKDesc
Contribution4ContributionCnt
Noncash Contributions Rpt F990$554,650NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMVMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Form8283 Received3Form8283ReceivedCnt
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts0ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 1, COLUMN (C)WORKS OF ART FAIRFIELD UNIVERSITY DOES NOT REPORT AN APPRAISED VALUE FOR WORK OF ARTS IN ITS AUDITED FINANCIAL STATEMENTS.
PART I, PART I, COLUMN BTHE NUMBER IN SCHEDULE M, PART I, COLUMN B REPRESENTS THE NUMBER OF ITEMS CONTRIBUTED.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART I, LINE 1FAIRFIELD'S MISSION IS TO DEVELOP THE CREATIVE INTELLECTUAL POTENTIAL OF ITS STUDENTS AND TO FOSTER IN THEM ETHICAL AND RELIGIOUS VALUES AND A SENSE OF SOCIAL RESPONSIBILITY.
PART III, LINE 1THE PURPOSE OF FAIRFIELD UNIVERSITY IS TO ESTABLISH, ORGANIZE, MAINTAIN AND CONDUCT AN INSTITUTION FOR INTERMEDIATE, SECONDARY, UNDERGRADUATE AND GRADUATE EDUCATION IN THE STATE OF CONNECTICUT, AND TO PERFORM SUCH OTHER WORKS OF EDUCATION, CHARITY AND RELIGION. A FAIRFIELD UNIVERSITY EDUCATION HAS BECOME MORE INTEGRATED IN FOCUS, MORE GLOBAL IN OUTLOOK, AND MORE INTENTIONAL IN ITS STRUCTURE THAN EVER BEFORE IN THE JESUIT TRADITION. WE ARE COMMITTED TO CREATING A STUDENT-FOCUSED, HOLISTIC, AND DIVERSE EDUCATIONAL ENVIRONMENT INTENDED TO EDUCATE THE WHOLE PERSON, MIND, BODY AND SPIRIT. WE WANT TO CULTIVATE IN BOTH OUR UNDERGRADUATE AND GRADUATE STUDENTS A SENSE OF COMMUNITY AND STRONG ETHICAL AND SPIRITUAL VALUES TO GUIDE THEM ON THEIR PATHS INTO THE FUTURE. COVID-19 IMPACT IN RESPONSE TO COVID-19, THE UNITED STATES CONGRESS PASSED THE CORONAVIRIS RESPONSE AND RELIEF SUPPLEMENTAL APPROPRIATIONS ACT (CRRSAA) ON DECEMBER 27, 2020 AND THE AMERICAN RESCUE PLAN (ARP) ON MARCH 11, 2021. THE UNIVERSITY RECOGNIZED $8,475,568 IN GRANT REVENUE AS A RESULT OF CRRSAA AND ARP ACTS IN FISCAL YEAR 2022. THE FUNDS WERE USED TO AWARD COVID-19 RELIEF AID TO STUDENTS, AS WELL AS, TO OFFSET COSTS INCURRED BY THE UNIVERSITY RELATED TO COVID-19.
PART III, LINE 4AFAIRFIELD UNIVERSITY IS AN INSTITUTION OF HIGHER LEARNING WITH UNDERGRADUATE, GRADUATE, DOCTORATE AND CONTINUING EDUCATION ACADEMIC PROGRAMS INCLUDING STUDENTS RESIDING ON CAMPUS. FULL-TIME EQUIVALENT ENROLLMENT FOR THE 2021-2022 ACADEMIC YEAR WAS 4,525 UNDERGRADUATES AND 786 GRADUATE STUDENTS WITH APPROXIMATELY 3,416 STUDENTS LIVING IN ON-CAMPUS RESIDENCES. ALSO INCLUDED IN OUR PROGRAM SERVICES IS A SECONDARY PREPARATORY SCHOOL WITH AN ENROLLMENT OF APPROXIMATELY 761 STUDENTS. FAIRFIELD UNIVERSITY WELCOMED 1,256 MEMBERS OF THE CLASS OF 2025 AND 33 TRANSFER STUDENTS TO CAMPUS IN THE FALL OF 2021. THE CLASS OF 2025 IS A STRONG CLASS, WITH AN AVERAGE SAT SCORE OF 1310 UNDER THE NEW SCORING SYSTEM, HIGHER THAN THAT OF THE CLASS OF 2024. CONTINUED REFINEMENT OF THE FINANCIAL AID PROCESS AS WELL AS ENHANCEMENTS TO CAMPUS PROGRAMMING AND FOLLOW UP COMMUNICATION EFFORTS RESULTED IN A CLASS THAT EXCEEDED OUR BUDGETED GOALS. FAIRFIELD UNIVERSITY MOVED INTO THE CARNEGIE CLASSIFICATION OF INSTITUTIONS OF HIGHER EDUCATION'S DOCTORAL UNIVERSITIES CATEGORY AND ENTERED THE BEST NATIONAL UNIVERSITIES RANKING FOR THE FIRST TIME PLACING AMONG U.S NEWS & WORLD REPORT'S TOP 125 BEST NATIONAL UNIVERSITIES. THE UNIVERSITY WAS THE TOP-RANKED INSTITUTION AMONG SCHOOLS THAT MOVED INTO THE NATIONAL UNIVERSITIES CATEGORY, PLACING AT #115. AMONG PRIVATE INSTITUTIONS IN THE NATIONAL UNIVERSITIES CATEGORY, FAIRFIELD PLACED IN THE TOP 75. FAIRFIELD UNIVERSITY ALSO EARNED THE #29 SPOT AMONG NATIONAL UNIVERSITIES RANKED FOR BEST UNDERGRADUATE TEACHING. U.S. NEWS & WORLD REPORT ALSO RECOGNIZED FAIRFIELD AMONG THE TOP 50 FOR ALUMNI GIVING RANK, AND AMONG THE TOP 100 FOR GRADUATION AND RETENTION RATES. IN THE BEST COLLEGES FOR VETERANS CATEGORY, FAIRFIELD PLACED IN THE TOP 75. THE UNIVERSITY'S INAUGURAL YEAR ON THE BEST NATIONAL UNIVERSITIES LIST ALSO INCLUDED DISTINCTIONS AMONG SCHOOLS AND PROGRAM SPECIALTY RANKINGS. FAIRFIELD'S SCHOOL OF ENGINEERING AND MARION PECKHAM EGAN SCHOOL OF NURSING AND HEALTH STUDIES PLACED IN THE TOP 100 NATIONWIDE. FAIRFIELD'S CHARLES F. DOLAN SCHOOL OF BUSINESS' UNDERGRADUATE PROGRAMS WERE RANKED #164 ON THE BEST UNDERGRADUATE BUSINESS PROGRAMS LIST, MOVING UP TWO SPOTS FROM LAST YEAR. THE BUSINESS ANALYTICS PROGRAM WAS RANKED #15, FINANCE #21, MARKETING WAS RANKED #37, AND ACCOUNTING WAS RANKED #39. IN OTHER NATIONAL RANKINGS, THE PRINCETON REVIEW HAS ONCE AGAIN INCLUDED FAIRFIELD UNIVERSITY AMONG THE NATION'S BEST IN ITS FLAGSHIP GUIDE, THE BEST 388 COLLEGES: 2023 EDITION. ADDITIONALLY, THE EDUCATION SERVICES COMPANY PLACED FAIRFIELD AT #23 NATIONALLY ON ITS LIST OF "BEST-RUN COLLEGES." THE PRINCETON REVIEW REPORTED THE TOP 25 SCHOOLS (OF THE 388 RANKED) IN EACH OF 50 CATEGORY RANKINGS. FAIRFIELD UNIVERSITY PLACED IN THE TOP 15 PERCENT OF MORE THAN 1,500 COLLEGES AND UNIVERSITIES IN NICHE'S 2023 BEST COLLEGES IN AMERICA RANKING, AND IN THE TOP 15 PERCENT OF TOP PRIVATE UNIVERSITIES IN AMERICA. FAIRFIELD WAS ALSO RANKED IN THE TOP 10 PERCENT OF BEST VALUE COLLEGES IN AMERICA, AND BEST COLLEGE CAMPUSES IN AMERICA. IN THE SITE'S REVIEW OF BEST CATHOLIC COLLEGES, FAIRFIELD EARNED HIGH MARKS AMONG THE TOP 10 PERCENT, PLACING NO. 13 OUT OF 166 SCHOOLS. ADDITIONALLY, ON THE LIST OF BEST COLLEGES FOR NURSING IN AMERICA, FAIRFIELD WAS RANKED NO. 29 OUT OF 762 (IN THE TOP 5 PERCENT), AND IN THE TOP 5 PERCENT OF BEST COLLEGES FOR ACCOUNTING AND FINANCE IN AMERICA, AT NO. 46 OUT OF 829. STATEWIDE, FAIRFIELD EARNED THE NO. 1 SPOTS FOR BEST COLLEGES FOR ACCOUNTING AND FINANCE IN CONNECTICUT, AND BEST COLLEGES FOR NURSING IN CONNECTICUT. THE UNIVERSITY EARNED THE NO. 2 SPOT FOR BEST COLLEGE CAMPUSES IN CONNECTICUT, JUST BEHIND YALE, AND PLACED NO. 3 FOR BEST COLLEGES FOR BUSINESS IN CONNECTICUT, COLLEGES WITH THE BEST STUDENT LIFE IN CONNECTICUT, AND BEST COLLEGE LOCATIONS. FAIRFIELD WAS ALSO IN THE TOP 5 ON THE LIST OF TOP PRIVATE UNIVERSITIES IN CONNECTICUT, AND BEST COLLEGE DORMS IN CONNECTICUT. OTHER DISTINCTIONS INCLUDE PLACEMENT AMONG THE TOP 10 PERCENT OF BEST COLLEGES IN NEW YORK CITY AREA, AND TOP 15 PERCENT OF BEST VALUE COLLEGES IN NEW YORK CITY AREA. IN THE 2023 EDITION OF U.S. NEWS' ANNUAL BEST ONLINE PROGRAMS, FAIRFIELD DOLAN WAS RANKED AMONG THE TOP 75 AT #75 (T) IN THE BEST ONLINE MASTER'S IN BUSINESS PROGRAMS CATEGORY, OUT OF 211 SCHOOLS. THE SCHOOL OF EDUCATION AND HUMAN DEVELOPMENT (SEHD) WAS RANKED #124 (T) OUT OF 329 SCHOOLS IN THE BEST ONLINE MASTER'S IN EDUCATION PROGRAMS CATEGORY, FOR ITS MASTER'S IN EDUCATIONAL TECHNOLOGY PROGRAM.
FORM 990, PART VI, SECTION A, LINE 2BOARD OF TRUSTEE MEMBERS ANDREW J. MCMAHON AND KRISTIN D. MCMAHON ARE RELATED THROUGH MARRIAGE (BROTHER AND SISTER-IN-LAW).
FORM 990, PART VI, SECTION B, LINE 11BIT IS THE POLICY OF FAIRFIELD UNIVERSITY THAT EACH VOTING MEMBER OF THE FINANCE AND AUDIT COMMITTEE OF THE BOARD OF TRUSTEES IS PRESENTED WITH A COPY OF THE COMPLETED IRS FORM 990 BEFORE IT IS FILED WITH THE IRS. FORM 990 IS ALSO POSTED TO THE UNIVERSITY'S BOARD OF TRUSTEE ONLINE PORTAL FOR ALL TRUSTEES TO REVIEW. FORM 990 IS REVIEWED AND APPROVED BY THE VICE PRESIDENT FOR FINANCE BEFORE IT IS FORWARDED TO THE FINANCE AND AUDIT COMMITTEE.
FORM 990, PART VI, SECTION B, LINE 12CMEMBERS OF THE BOARD OF TRUSTEES ARE ASKED TO SIGN A CONFLICT OF INTEREST STATEMENT. THE STATEMENT SHALL BE SIGNED ANNUALLY BY EACH BOARD MEMBER AS A CONDITION OF MEMBERSHIP ON THE BOARD OF TRUSTEES. EACH TRUSTEE IS EXPECTED TO DISCLOSE IN WRITING TO THE CHAIRMAN OF THE BOARD ALL SITUATIONS IN WHICH CONFLICTS MIGHT EXIST OR APPEAR TO EXIST. CONFLICT OF INTEREST STATEMENTS ARE COLLECTED AND REVIEWED BY THE UNIVERSITY SECRETARY. NO TRUSTEE HAVING INTERESTS CONFLICTING WITH THE INTERESTS OF THE UNIVERSITY, OR APPEARING SO, SHALL TAKE PART IN THE DELIBERATIONS OR VOTES OF THE BOARD INVOLVING THE QUESTION CONCERNING THE CONFLICT NOR SEEK TO INFLUENCE THE OTHER TRUSTEES ON THAT QUESTION.
FORM 990, PART VI, SECTION B, LINE 15THE REVIEW PROCESS INCLUDES ALL OF THESE ELEMENTS (1) REVIEW AND APPROVAL BY THE BOARD OF TRUSTEES--COMPENSATION IS REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES OF FAIRFIELD UNIVERSITY EVERY TWO YEARS, PROVIDED THAT PERSONS WITH CONFLICTS OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENT AT ISSUE ARE NOT INVOLVED IN THIS REVIEW AND APPROVAL. (2) USE OF DATA AS TO COMPARABLE COMPENSATION--THE COMPENSATION OF THE PERSON IS REVIEWED AND APPROVED USING DATA AS TO COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED UNIVERSITIES. THE FOLLOWING METHODS HAVE BEEN USED: A. REVIEW BY AN INDEPENDENT THIRD PARTY; B. CONDUCT MARKET ASSESSMENT OF SALARIES; AND C. EVALUATE THE APPROPRIATENESS OF THE CURRENT SALARY STRUCTURE TO ENSURE THAT WE ARE AND REMAIN COMPETITIVE WITH THE MARKET, AS WELL AS REMAIN INTERNALLY EQUITABLE. (3) CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING--THERE IS CONTEMPORANEOUS DOCUMENTATION AND RECORD KEEPING WITH RESPECT TO THE DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENT. COMPENSATION ARRANGEMENT THE LAST TIME OF REVIEW WAS APRIL 2022.
FORM 990, PART VI, SECTION C, LINE 19GOVERNING DOCUMENTS SUCH AS FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY AND WHISTLEBLOWER POLICY ARE AVAILABLE ON THE UNIVERSITY'S WEBSITE AND ALSO BY REQUEST.
FORM 990, PART XI, LINE 9:CHANGE IN SPLIT INTEREST AGREEMENT -109,210.