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LESLEY UNIVERSITY: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
LESLEY UNIVERSITY (EIN 04-2103589)
Tax period
2020-07-01 to 2021-06-30
Filed
2022-05-16
IRS object ID
202221369349306667
Schema version
2020v4.2
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)
Return2022-05-16T11:46:35-05:00ReturnTs
Tax Period End2021-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN263753134PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CBIZ MHM LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1500 BOYLSTON STREETAddressLine1Txt
CityBOSTONCityNm
State AbbreviationMAStateAbbreviationCd
ZIP02116ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2020-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN042103589EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LESLEY UNIVERSITYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlLESLBusinessNameControlTxt
Phone6173498685PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line129 EVERETT STREETAddressLine1Txt
CityCAMBRIDGECityNm
State AbbreviationMAStateAbbreviationCd
ZIP021382790ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDIANE KIMBALLPersonNm
Person TitleVP OF FINANCE/CFOPersonTitleTxt
Phone6173498685PhoneNum
Signature2022-05-13SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstDIANEPersonFirstNm
Person LastKIMBALLPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonBRENDA L BOOTHPreparerPersonNm
PTINP01342395PTIN
Phone6177610600PhoneNum
Preparation2022-05-13PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJANET STEINMAYERPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line129 EVERETT STREETAddressLine1Txt
CityCAMBRIDGECityNm
State AbbreviationMAStateAbbreviationCd
ZIP021382790ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$254,060,293GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.LESLEY.EDUWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1909FormationYr
Legal Domicile StateMALegalDomicileStateCd
Activity Or MissionLESLEY UNIVERSITY ENGAGES STUDENTS IN TRANSFORMATIVE EDUCATION, THROUGH ACTIVE LEARNING, SCHOLARLY RESEARCH, DIVERSE FORMS OF ARTISTIC EXPRESSION, AND THE INTEGRATION OF RIGOROUS ACADEMICS WITH PRACTICAL, PROFESSIONAL EXPERIENCE, LEADING TO MEANINGFUL CAREERS AND CONTINUING LIFELONG LEARNING. LESLEY PREPARES SOCIALLY RESPONSIBLE GRADUATES WITH THE KNOWLEDGE, SKILLS, UNDERSTANDING AND ETHICAL JUDGMENT TO BE CATALYSTS SHAPING A MORE JUST, HUMANE, AND SUSTAINABLE WORLD.ActivityOrMissionDesc
Voting Members Governing Body24VotingMembersGoverningBodyCnt
Voting Members Independent23VotingMembersIndependentCnt
Total Employee1099TotalEmployeeCnt
Total Volunteers23TotalVolunteersCnt
Total Gross UBI$153,324TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$5,657,150PYContributionsGrantsAmt
CY Contributions Grants$25,676,649CYContributionsGrantsAmt
PY Program Service Revenue$96,642,308PYProgramServiceRevenueAmt
CY Program Service Revenue$73,338,884CYProgramServiceRevenueAmt
PY Investment Income$12,422,400PYInvestmentIncomeAmt
CY Investment Income$24,885,564CYInvestmentIncomeAmt
PY Other Revenue$2,104,094PYOtherRevenueAmt
CY Other Revenue$3,043,254CYOtherRevenueAmt
PY Total Revenue$116,825,952PYTotalRevenueAmt
CY Total Revenue$126,944,351CYTotalRevenueAmt
PY Grants And Similar Paid$19,904,925PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$21,270,455CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$66,949,768PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$56,515,915CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$917,378CYTotalFundraisingExpenseAmt
PY Other Expenses$38,258,420PYOtherExpensesAmt
CY Other Expenses$30,618,694CYOtherExpensesAmt
PY Total Expenses$125,113,113PYTotalExpensesAmt
CY Total Expenses$108,405,064CYTotalExpensesAmt
PY Revenues Less Expenses-$8,287,161PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$18,539,287CYRevenuesLessExpensesAmt
Total Assets BOY$417,901,477TotalAssetsBOYAmt
Total Assets EOY$459,682,175TotalAssetsEOYAmt
Total Liabilities BOY$158,065,377TotalLiabilitiesBOYAmt
Total Liabilities EOY$156,058,314TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$259,836,100NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$303,623,861NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionLESLEY UNIVERSITY ENGAGES STUDENTS IN TRANSFORMATIVE EDUCATION, THROUGH ACTIVE LEARNING, SCHOLARLY RESEARCH, DIVERSE FORMS OF ARTISTIC EXPRESSION, AND THE INTEGRATION OF RIGOROUS ACADEMICS WITH PRACTICAL, PROFESSIONAL EXPERIENCE, LEADING TO MEANINGFUL CAREERS AND CONTINUING LIFELONG LEARNING. LESLEY PREPARES SOCIALLY RESPONSIBLE GRADUATES WITH THE KNOWLEDGE, SKILLS, UNDERSTANDING AND ETHICAL JUDGMENT TO BE CATALYSTS SHAPING A MORE JUST, HUMANE, AND SUSTAINABLE WORLD.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$37,027,353ExpenseAmt
Revenue$73,338,884RevenueAmt
DescEXPENSES RELATED TO INSTRUCTING FULL TIME AND PART TIME STUDENTS: THE UNIVERSITY IS HOME TO A NUMBER OF IMPORTANT CENTERS AND INSTITUTES THAT CONDUCT RESEARCH, HELP SHAPE PUBLIC POLICY, AND PROVIDE CONTINUING EDUCATION AND PROFESSIONAL DEVELOPMENT OPPORTUNITIES ACROSS A WIDE RANGE OF DISCIPLINES INCLUDING:*MATH *SPECIAL EDUCATION *LITERACY*CENTER FOR ADULT LEARNERSAT A GLANCE:*FOUNDED: 1909 *TOTAL ENROLLMENT: 6,593*UNDERGRADUATES: 2,707*MASTER'S, C.A.G.S., PH.D. STUDENTS: 3,886*TOTAL ALUMNI: 90,042*CAMPUS LOCATIONS: *CAMBRIDGE, MA LESLEY UNIVERSITY ACADEMICS:*UNDERGRADUATE STUDY:-LESLEY UNIVERSITY COLLEGE OF ART AND DESIGN (LA+D)-COLLEGE OF LIBERAL ARTS AND SCIENCES (CLAS)-LESLEY CENTER FOR ADULT LEARNING (LCAL)*GRADUATE STUDY: -COURSES + PROGRAMS IN CAMBRIDGE -PROGRAMS OFFERED THROUGHOUT THE US -ONLINE COURSES + PROGRAMS*UNIQUE PROGRAM FORMATS *CENTERS + INSTITUTES *CONTINUING EDUCATION + PROFESSIONAL DEVELOPMENT *THRESHOLD NON-DEGREE PROGRAM*ACCREDITATION: -NEW ENGLAND COMMISSION OF HIGHER EDUCATION-NATIONAL ASSOCIATION OF SCHOOLS OF ART AND DESIGNDesc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$12,881,868ExpenseAmt
DescEXPENSES RELATED TO ACADEMIC SUPPORT WHICH INCLUDES THE EXPENSES FOR THE LIBRARY, DEAN OF STUDENTS, VARIOUS ACADEMIC DEANS AND OTHER ACADEMIC SUPPORT. ALSO, EXPENSES RELATED TO RESEARCH AND GENERAL INSTITUTIONAL OPERATIONS.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$9,582,506ExpenseAmt
DescEXPENSES RELATED TO SERVICES PROVIDED TO THE STUDENT BODY, INCLUDING COUNSELING, CAREER GUIDANCE, ADMISSIONS, REGISTRAR, STUDENT ACTIVITIES, AND HEALTH SERVICES AS WELL AS EXPENSES RELATED TO ATHLETIC PROGRAMS.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (2 entries)

ExpenseExpenseAmtGrantGrantAmtDescDescRevenueRevenueAmt
$21,270,455$21,270,455EXPENSES RELATED TO FINANCIAL AID FOR STUDENTS:THE PURPOSE OF FINANCIAL AID IS TO HELP YOU ATTAIN YOUR GOAL OF A LESLEY UNIVERSITY EDUCATION, BY OFFERING FINANCIAL ASSISTANCE IN THE FORM OF GRANTS, LOANS, AND STUDENT WORK OPPORTUNITIES.
$6,530,705AUXILIARY ENTERPRISES$668,540
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$27,801,160TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$21,270,455TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue$668,540TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$87,292,887TotalProgramServiceExpensesAmt
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 Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
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 Assets0ReportOtherAssetsInd
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 Office0ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
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 Contribution0DeductibleArtContributionInd
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 Document177IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee1099EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
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 Members24GoverningBodyVotingMembersCnt
Independent Voting Member23IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
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 Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonDIANE KIMBALL VP OF FINANCECFOPersonNm
Phone6173498685PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line129 EVERETT STREETAddressLine1Txt
CityCAMBRIDGECityNm
State AbbreviationMAStateAbbreviationCd
ZIP021382790ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (41 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeIndFormer Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd
MR HANS D STRAUCH
TRUSTEE, CHAIR1.00Yes (X)Yes (X)$0$0$0
MS JUANITA JAMES
TRUSTEE, VICE CHAIR1.00Yes (X)Yes (X)$0$0$0
MS BARBARA WEINSTEIN RUSSELL
TRUSTEE, VICE CHAIR1.00Yes (X)Yes (X)$0$0$0
MR HAL BELODOFF
TRUSTEE, TREASURER1.00Yes (X)Yes (X)$0$0$0
MS LORING LOW STEVENS
TRUSTEE, CLERK1.00Yes (X)Yes (X)$0$0$0
MR ART BARDIGE
TRUSTEE1.00Yes (X)$0$0$0
MRS KAREN COTTON CHAPLIN
TRUSTEE1.00Yes (X)$0$0$0
MS SUSAN LUICK GOOD
TRUSTEE1.00Yes (X)$0$0$0
MS NINA HOUGHTON
TRUSTEE1.00Yes (X)$0$0$0
MS LYNDA LEE SHERIDAN
TRUSTEE1.00Yes (X)$0$0$0
MR ROGER LOWENSTEIN
TRUSTEE1.00Yes (X)$0$0$0
MR DAVID B SMITH
TRUSTEE1.00Yes (X)$0$0$0
MR DAVID I NEWTON
TRUSTEE1.00Yes (X)$0$0$0
MS MICHELLE NADEAU O'BRIEN
TRUSTEE1.00Yes (X)$0$0$0
MS ALLENE RUSSELL PIERSON
TRUSTEE1.00Yes (X)$0$0$0
MRS DEBORAH SCHWARTZ RAIZES
TRUSTEE1.00Yes (X)$0$0$0
MR THOMAS N RILEY
TRUSTEE1.00Yes (X)$0$0$0
MS KAREN A KAMES
TRUSTEE1.00Yes (X)$0$0$0
JANET STEINMAYER
PRESIDENT40.00Yes (X)Yes (X)$449,265$0$31,525
MS JANA KARP
TRUSTEE1.00Yes (X)$0$0$0
MR MATTHEW KOZOL
TRUSTEE1.00Yes (X)$0$0$0
MR MICHAEL E MOONEY
TRUSTEE1.00Yes (X)$0$0$0
MR MARK T WILLIAMS
TRUSTEE1.00Yes (X)$0$0$0
MR CHRISTOPHER S GAFFNEY
TRUSTEE1.00Yes (X)$0$0$0
MARY LOU BATT
VP OF ADMINISTRATION40.00Yes (X)$256,698$0$14,900
THOMAS PISTORINO
VP OF FINANCE/CFO40.00Yes (X)$259,574$0$53,577
SHIRIN PHILIPP
VP & GENERAL COUNSEL40.00Yes (X)$218,105$0$16,323
JONATHAN K JEFFERSON
PROVOST40.00Yes (X)$233,976$0$15,934
KATHERINE MCWEY
ASSISTANT CLERK40.00Yes (X)$74,221$0$28,410
AMY E RUTSTEIN-RILEY
DEAN OF GSOE40.00$173,084$0$50,931Yes (X)
SANDRA WALKER
DEAN OF GSASS40.00$167,262$0$26,375Yes (X)
AMY DIENES
DEAN OF LA&D40.00$200,243$0$33,703Yes (X)
MARY PATRICIA LOHSE
VP STRATEGY & IMPLEMENTATION40.00$210,853$0$52,801Yes (X)
NATHANIEL G MAYS
DEAN OF STUDENTS40.00$178,039$0$15,901Yes (X)
STEVEN S SHAPIRO
DEAN OF CLAS40.00$163,518$0$49,022Yes (X)
REBECCA M CAPUANO
VP ENROLLMENT SERVICES40.00$227,676$0$48,054Yes (X)
ANTONIO CRESPO
CIO40.00$180,491$0$41,602Yes (X)
IRENE FOUNTAS
DIRECTOR READING RECOVERY40.00$180,590$0$29,292Yes (X)
MARY E LANE
ASST VP OF ADVANCEMENT40.00$177,928$0$41,158Yes (X)
MARK J COLLINS
DIRECTOR OF REAL ESTATE & OPERATIONS40.00$175,855$0$9,129Yes (X)
MARGARET EVERETT
FORMER PROVOST40.00$134,653$0$42,941Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$3,662,031TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$601,578TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K123IndivRcvdGreaterThan100KCnt
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
UG2 LLC
ONE INTERNATIONAL PLACE 3RD FLOORBOSTONMA02110FACILITY MANAGEMENT$1,582,368
ELLUCIAN COMPANY LP
2003 EDMUND HALLEY DRIVERESTONVA20191IT SERVICES$584,401
WILEY EDUCATION SERVICES LLC
PO BOX 416571BOSTONMA02241ON LINE COURSE DELIVERY$471,406
ENVIRONMENTSWORK LLC
300 A STREET 1ST FLOORBOSTONMA02210FURNISHINGS$315,851
LEGGAT MCCALL PROPERTIES LLC
10 POST OFFICE SQBOSTONMA02109PROJECT MANAGEMENT$272,094
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K10CntrctRcvdGreaterThan100KCnt
Government Grants$17,305,224GovernmentGrantsAmt
All Other Contributions$8,371,425AllOtherContributionsAmt
Noncash Contributions$35,438NoncashContributionsAmt
Total Contributions$25,676,649TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescTUITION AND FEESDesc
Business900099BusinessCd
Total Revenue Column$73,338,884TotalRevenueColumnAmt
Related Or Exempt Func Income$73,338,884RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$73,338,884TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,409,225TotalRevenueColumnAmt
Unrelated Business Revenue$144,692UnrelatedBusinessRevenueAmt
Exclusion$1,264,533ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$3,862,522RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$1,532,410RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$2,330,112RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,330,112TotalRevenueColumnAmt
Exclusion$2,330,112ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$149,059,871SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$125,583,532SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$23,476,339SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$23,476,339TotalRevenueColumnAmt
Exclusion$23,476,339ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmtExclusionExclusionAmt
OTHER INCOME900099$668,540$668,540
PARKING LOT812930$44,602$8,632$35,970
FieldValueIRS element (for citing)
Other Revenue Total$713,142OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$126,944,351TotalRevenueColumnAmt
Related Or Exempt Func Income$74,007,424RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$153,324UnrelatedBusinessRevenueAmt
Exclusion$27,106,954ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$21,270,455TotalAmt
Program Services$21,270,455ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$3,231,709TotalAmt
Program Services$1,089,613ProgramServicesAmt
Management And General$2,033,081ManagementAndGeneralAmt
Fundraising$109,015FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$42,889,693TotalAmt
Program Services$36,576,336ProgramServicesAmt
Management And General$5,759,496ManagementAndGeneralAmt
Fundraising$553,861FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$2,496,702TotalAmt
Program Services$2,249,971ProgramServicesAmt
Management And General$217,654ManagementAndGeneralAmt
Fundraising$29,077FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$4,569,966TotalAmt
Program Services$4,118,350ProgramServicesAmt
Management And General$398,394ManagementAndGeneralAmt
Fundraising$53,222FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$3,327,845TotalAmt
Program Services$2,998,979ProgramServicesAmt
Management And General$290,110ManagementAndGeneralAmt
Fundraising$38,756FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$644,863TotalAmt
Management And General$644,863ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$118,129TotalAmt
Management And General$118,129ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$12,000TotalAmt
Management And General$12,000ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$1,238,522TotalAmt
Management And General$1,238,522ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$2,853,562TotalAmt
Program Services$2,358,255ProgramServicesAmt
Management And General$495,307ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$500,245TotalAmt
Program Services$496,050ProgramServicesAmt
Management And General$4,195ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$454,592TotalAmt
Program Services$286,519ProgramServicesAmt
Management And General$129,321ManagementAndGeneralAmt
Fundraising$38,752FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$2,472,674TotalAmt
Program Services$1,044,950ProgramServicesAmt
Management And General$1,341,876ManagementAndGeneralAmt
Fundraising$85,848FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$1,532,410TotalAmt
Program Services$1,470,046ProgramServicesAmt
Management And General$62,364ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$74,840TotalAmt
Program Services$73,826ProgramServicesAmt
Management And General$865ManagementAndGeneralAmt
Fundraising$149FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$43,916TotalAmt
Program Services$36,626ProgramServicesAmt
Management And General$7,141ManagementAndGeneralAmt
Fundraising$149FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$4,902,174TotalAmt
Program Services$3,755,165ProgramServicesAmt
Management And General$1,147,009ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$7,665,659TotalAmt
Program Services$6,088,804ProgramServicesAmt
Management And General$1,576,855ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$784,002TotalAmt
Program Services$153,214ProgramServicesAmt
Management And General$630,788ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
STUDENT ACTIVITIES$3,500,476$116,293$3,384,183
CUSTODIAL CONTRACTS$1,327,513$1,302,513$25,000
MISC.$1,000,762$469,974$530,788
SECURITY CONTRACTS$818,740$818,740

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$673,615TotalAmt
Program Services$518,208ProgramServicesAmt
Management And General$146,858ManagementAndGeneralAmt
Fundraising$8,549FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$108,405,064TotalAmt
Program Services$87,292,887ProgramServicesAmt
Management And General$20,194,799ManagementAndGeneralAmt
Fundraising$917,378FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$6,286,250BOYAmt
EOY$5,133,170EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$1,447,899BOYAmt
EOY$1,571,508EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$3,462,491BOYAmt
EOY$4,154,560EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$4,366,587BOYAmt
EOY$14,444,758EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$1,272,219BOYAmt
EOY$1,026,601EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$1,299,075BOYAmt
EOY$1,207,053EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$300,326,631LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$97,354,177LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$209,522,761BOYAmt
EOY$202,972,454EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$60,513,940BOYAmt
EOY$70,352,549EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$125,725,365BOYAmt
EOY$154,624,620EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$4,004,890BOYAmt
EOY$4,194,902EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$417,901,477BOYAmt
EOY$459,682,175EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$16,674,422BOYAmt
EOY$13,801,499EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$1,183,409BOYAmt
EOY$1,026,815EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$7,789,687BOYAmt
EOY$8,505,774EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$125,318,056BOYAmt
EOY$121,256,332EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$5,702,987BOYAmt
EOY$9,950,000EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,396,816BOYAmt
EOY$1,517,894EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$158,065,377BOYAmt
EOY$156,058,314EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$228,713,610BOYAmt
EOY$261,595,747EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$31,122,490BOYAmt
EOY$42,028,114EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$259,836,100BOYAmt
EOY$303,623,861EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$417,901,477BOYAmt
EOY$459,682,175EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$18,539,287ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$25,248,474NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
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

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
Mailings Members0MailingsMembersInd
Publications Or Broadcast0PublicationsOrBroadcastInd
Grants Other Organizations0GrantsOtherOrganizationsInd
Direct Contact Legislators0DirectContactLegislatorsInd
Rallies Demonstrations0RalliesDemonstrationsInd
Other ActivitiesYes (1)OtherActivitiesInd
Other Activities$12,000OtherActivitiesAmt
Total Lobbying Expenditures$12,000TotalLobbyingExpendituresAmt
Not Described Section501c30NotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART II-B, LINE 1:FormAndLineReferenceDesc
ExplanationTHE UNIVERSITY PAID POLITICAL ADVANTAGE, LLC $12,000 FOR STATE SUPPORT OF READING RECOVERY PROJECTS.ExplanationTxt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$186,239,101BeginningYearBalanceAmt
Contributions$1,534,696ContributionsAmt
Investment Earnings Or Losses$49,134,801InvestmentEarningsOrLossesAmt
Other Expenditures$11,432,989OtherExpendituresAmt
End Year Balance$225,475,609EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$187,972,289BeginningYearBalanceAmt
Contributions$646,066ContributionsAmt
Investment Earnings Or Losses$8,841,975InvestmentEarningsOrLossesAmt
Other Expenditures$11,221,229OtherExpendituresAmt
End Year Balance$186,239,101EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$188,811,832BeginningYearBalanceAmt
Contributions$5,640,882ContributionsAmt
Investment Earnings Or Losses$7,052,040InvestmentEarningsOrLossesAmt
Grants Or Scholarships$491,297GrantsOrScholarshipsAmt
Other Expenditures$13,041,168OtherExpendituresAmt
End Year Balance$187,972,289EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$185,685,654BeginningYearBalanceAmt
Contributions$782,375ContributionsAmt
Investment Earnings Or Losses$15,370,188InvestmentEarningsOrLossesAmt
Grants Or Scholarships$428,579GrantsOrScholarshipsAmt
Other Expenditures$12,597,806OtherExpendituresAmt
End Year Balance$188,811,832EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$172,728,456BeginningYearBalanceAmt
Contributions$1,935,798ContributionsAmt
Investment Earnings Or Losses$21,158,255InvestmentEarningsOrLossesAmt
Grants Or Scholarships$390,661GrantsOrScholarshipsAmt
Other Expenditures$9,746,194OtherExpendituresAmt
End Year Balance$185,685,654EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.85080BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.14920PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.00000TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$28,980,796OtherCostOrOtherBasisAmt
Book Value$28,980,796BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$146,065,101OtherCostOrOtherBasisAmt
Depreciation$38,844,689DepreciationAmt
Book Value$107,220,412BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$102,461,948OtherCostOrOtherBasisAmt
Depreciation$40,446,774DepreciationAmt
Book Value$62,015,174BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$22,698,097OtherCostOrOtherBasisAmt
Depreciation$18,062,714DepreciationAmt
Book Value$4,635,383BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$120,689OtherCostOrOtherBasisAmt
Book Value$120,689BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$202,972,454TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (4 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
INTERNATIONAL EQUITIES$107,150,905F
PRIVATE REAL ASSETS$11,283,866F
PRIVATE EQUITIES$23,973,375F
FIXED INCOME$12,216,474F
FieldValueIRS element (for citing)
Total Book Value Securities$154,624,620TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescOBLIGATION TO EMPLOYEES FOR RETIREMENTDesc
Amt$1,517,894Amt
FieldValueIRS element (for citing)
Total Liability$1,517,894TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$152,486,713TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$25,248,474NetUnrealizedGainsInvstAmt
Other Revenue$1,532,410OtherRevenueAmt
Revenue Not Reported$26,780,884RevenueNotReportedAmt
Revenue Subtotal$125,705,829RevenueSubtotalAmt
Investment Expenses Not Incld$1,238,522InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$1,238,522RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$126,944,351TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$108,698,952TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$1,532,410OtherExpensesIncludedAmt
Expenses Not Reported$1,532,410ExpensesNotReportedAmt
Expenses Subtotal$107,166,542ExpensesSubtotalAmt
Investment Expenses Not Incld2$1,238,522InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$1,238,522ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$108,405,064TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART V, LINE 4:THE UNIVERSITY'S ENDOWMENT CONSISTS OF APPROXIMATELY 90 INDIVIDUAL FUNDS WHICH ARE INVESTED AND ADMINISTERED IN ACCORDANCE WITH DONOR STIPULATION. THE BOARD ALSO INVESTS CERTAIN FUNDS AS IF THEY ARE ENDOWMENT, HOWEVER THOSE ARE SUBJECT TO BOARD OVERSIGHT RATHER THAN STATE LAW. THE UNIVERSITY TRACKS THE VALUE OF ORIGINAL GIFTS TO ITS ENDOWMENT TYPE FUNDS AS WELL AS THE APPRECIATION OVER TIME, LESS ANY SPENDING UNDER ITS SPENDING POLICIES. SUCH APPRECIATION FOLLOWS THE ORIGINAL GIFT INSTRUMENT THAT UNDERLIES THE RELATED FUNDS. THE UNIVERSITY'S INVESTMENTS ARE MANAGED IN ACCORDANCE WITH SOUND PRACTICES EMPHASIZING LONG-TERM FUNDAMENTALS TO ACHIEVE LONG-TERM RATES OF RETURN, TO MAINTAIN PURCHASING POWER OF THE FUNDS, AND TO PROVIDE FOR CURRENT SPENDING. INVESTMENTS ARE DIVERSIFIED TO REDUCE VOLATILITY AND RISK ASSOCIATED WITH CONCENTRATED POSITIONS, AND RETURNS SOUGHT ARE THOSE COMPARING FAVORABLY TO OTHER ENDOWMENTS, FOUNDATIONS AND APPROPRIATE BENCHMARKS. PORTFOLIO VOLATILITY IS INTENDED TO APPROXIMATE THE WEIGHTED COMPOSITE OF MARKET INDICES CORRELATING WITH THE POLICY TARGET PORTFOLIO, PERIODICALLY ADJUSTED FOR MARKET CONDITIONS. A DIVERSIFIED TARGET ASSET ALLOCATION PLACES EMPHASIS ON EQUITIES, FIXED INCOME, REAL ESTATE AND MANAGERS EMPLOYING MULTI-ASSET AND ABSOLUTE RETURN STRATEGIES.
PART X, LINE 2:THE UNIVERSITY ACCOUNTS FOR THE EFFECT OF ANY UNCERTAIN TAX POSITIONS BASED ON A "MORE LIKELY THAN NOT" THRESHOLD TO THE RECOGNITION OF THE TAX POSITIONS BEING SUSTAINED BASED ON THE TECHNICAL MERITS OF THE POSITION UNDER SCRUTINY BY THE APPLICABLE TAXING AUTHORITY. IF A TAX POSITION OR POSITIONS ARE DEEMED TO RESULT IN UNCERTAINTIES OF THOSE POSITIONS, THE UNRECOGNIZED TAX BENEFIT IS ESTIMATED BASED ON A "CUMULATIVE PROBABILITY ASSESSMENT" THAT AGGREGATES THE ESTIMATED TAX LIABILITY FOR ALL UNCERTAIN TAX POSITIONS. THE UNIVERSITY HAS IDENTIFIED ITS TAX STATUS AS A TAX-EXEMPT ENTITY AND ITS DETERMINATIONS AS TO WHAT INCOME IS RELATED AND UNRELATED AS ITS ONLY SIGNIFICANT TAX POSITIONS; HOWEVER, THE UNIVERSITY HAS DETERMINED THAT SUCH TAX POSITIONS DO NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION. THE UNIVERSITY IS NOT CURRENTLY UNDER EXAMINATION BY ANY TAXING JURISDICTION. THE UNIVERSITY'S FEDERAL AND STATE TAX RETURNS ARE GENERALLY OPEN FOR EXAMINATION FOR THREE YEARS FOLLOWING THE DATE FILED.
PART XI, LINE 2D - OTHER ADJUSTMENTS:RENTAL EXPENSES 1,532,410.
PART XII, LINE 2D - OTHER ADJUSTMENTS:RENTAL EXPENSES 1,532,410.

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 (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, PART I, LINE 3LESLEY UNIVERSITY'S RACIALLY NONDISCRIMINATORY POLICY IS WIDELY PUBLICIZED THROUGH A VARIETY OF PRINT AND ELECTRONIC MEDIA. THE NOTIFICATION LANGUAGE SET FORTH IN SECTION 403 OF REV. PROC. 75-50 IS INCLUDED IN LESLEY'S BROCHURES AND OTHER PUBLICATIONS WHICH ARE AVAILABLE TO THE GENERAL PUBLIC.
SCHEDULE E, PART I, LINE 6THE UNIVERSITY AND ITS STUDENTS PARTICIPATE IN FINANCIAL AID AND ASSISTANCE FROM THE FEDERAL GOVERNMENT IN THE FORM OF FEDERAL PROGRAMS AND GRANTS ADMINISTERED BY THE DEPARTMENT OF EDUCATION.

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (2 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
CENTRAL AMERICA AND THE CARIBBEAN00INVESTING$9,814,411
NORTH AMERICA00INVESTING$6,034,329
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$15,848,740SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$15,848,740TotalSpentAmt
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

FieldValueIRS element (for citing)
Form And Line ReferencePART III ACCOUNTING METHOD:FormAndLineReferenceDesc

Schedule I IRS990ScheduleI

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

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntNon Cash AssistanceNonCashAssistanceAmtValuation Method UsedValuationMethodUsedDescNon Cash AssistanceNonCashAssistanceDesc
SCHOLARSHIPS2463$19,739,105FMVSCHOLARSHIPS ARE GIVEN OUT AS BURSAR CREDITS TO THE STUDENT'S ACCOUNT.
HEERF FUNDS2066$1,531,350FMV

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationALL GRANTS PROVIDED BY THE UNIVERSITY ARE FOR FINANCIAL AID TO STUDENTS. GRANTS AND OTHER ASSISTANCE ARE RELATED TO INSTITUTIONAL FINANCIAL AID FOR WHICH STUDENTS APPLY THROUGH THE FINANCIAL AID OFFICE. ALL AID IS AWARDED BASED ON CERTAIN GUIDELINES AND IS CREDITED DIRECTLY TO STUDENTS' TUITION ACCOUNTS. ALL AWARDS ARE DIRECTLY RELATED TO THE STUDENTS' EDUCATION AT THE INSTITUTION'S PHYSICAL LOCATION AND ONLINE COURSES. STUDENTS ARE REQUIRED TO MAINTAIN SATISFACTORY ACADEMIC PROGRESS IN ORDER TO CONTINUE TO RECEIVE FINANCIAL AID.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Housing Allowance Or ResidenceYes (X)HousingAllowanceOrResidenceInd
Personal ServicesYes (X)PersonalServicesInd
Written Policy Ref T And E ExpnssYes (1)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (1)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Independent ConsultantYes (X)IndependentConsultantInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
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 (17 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
JANET STEINMAYER
PRESIDENT$446,217$0$0$0$3,048$0$19,950$0$11,575$0$480,790$0$0$0
THOMAS PISTORINO
VP OF FINANCE/CFO$257,990$0$0$0$1,584$0$18,921$0$34,656$0$313,151$0$0$0
REBECCA M CAPUANO
VP ENROLLMENT SERVICES$227,483$0$0$0$193$0$13,998$0$34,056$0$275,730$0$0$0
MARY LOU BATT
VP OF ADMINISTRATION$253,598$0$0$0$3,100$0$14,525$0$375$0$271,598$0$0$0
MARY PATRICIA LOHSE
VP STRATEGY & IMPLEMENTATION$210,541$0$0$0$312$0$17,858$0$34,943$0$263,654$0$0$0
JONATHAN K JEFFERSON
PROVOST$233,163$0$0$0$813$0$15,872$0$62$0$249,910$0$0$0
SHIRIN PHILIPP
VP & GENERAL COUNSEL$217,642$0$0$0$463$0$16,323$0$0$0$234,428$0$0$0
AMY DIENES
DEAN OF LA&D$199,818$0$0$0$425$0$10,200$0$23,503$0$233,946$0$0$0
AMY E RUTSTEIN-RILEY
DEAN OF GSOE$172,406$0$0$0$678$0$14,502$0$36,429$0$224,015$0$0$0
ANTONIO CRESPO
CIO$180,355$0$0$0$136$0$6,849$0$34,753$0$222,093$0$0$0
MARY E LANE
ASST VP OF ADVANCEMENT$177,757$0$0$0$171$0$7,422$0$33,736$0$219,086$0$0$0
STEVEN S SHAPIRO
DEAN OF CLAS$162,858$0$0$0$660$0$12,441$0$36,581$0$212,540$0$0$0
IRENE FOUNTAS
DIRECTOR READING RECOVERY$179,502$0$0$0$1,088$0$14,904$0$14,388$0$209,882$0$0$0
NATHANIEL G MAYS
DEAN OF STUDENTS$177,372$0$0$0$667$0$14,321$0$1,580$0$193,940$0$0$0
SANDRA WALKER
DEAN OF GSASS$166,886$0$0$0$376$0$13,703$0$12,672$0$193,637$0$0$0
MARK J COLLINS
DIRECTOR OF REAL ESTATE & OPERATIONS$175,318$0$0$0$537$0$6,611$0$2,518$0$184,984$0$0$0
MARGARET EVERETT
FORMER PROVOST$134,331$0$0$0$322$0$9,606$0$33,335$0$177,594$0$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 1AFormAndLineReferenceDesc
ExplanationTHE PRESIDENT RESIDES IN UNIVERSITY-OWNED HOUSING, WHICH IS ON THE SOUTH CAMPUS. BY LOCATING HER IN CLOSE PROXIMITY TO THE UNIVERSITY, IT HELPS TO MAKE THE PRESIDENT AVAILABLE FOR THE DAILY INTERACTION BETWEEN THE COMMUNITY AND THE UNIVERSITY STAFF/STUDENTS/ALUMNI/DONORS AND PHYSICAL PLANTS. THE UNIVERSITY-PROVIDED HOUSING IS GEOGRAPHICALLY INTEGRATED WITH THE UNIVERSITY'S EDUCATIONAL PROPERTY. THE PRESIDENT PERFORMS MANY UNIVERSITY TASKS AND FUNCTIONS AT THE RESIDENCE. THE RESIDENCE IS FURNISHED FOR THE CONVENIENCE OF THE UNIVERSITY AND IS REQUIRED TO BE OCCUPIED BY THE PRESIDENT AS A CONDITION OF HER EMPLOYMENT. AS THE UNIVERSITY'S PRINCIPAL FUND-RAISER, THE PRESIDENT ENTERTAINS ACTUAL OR POTENTIAL BENEFACTORS, VISITING DIGNITARIES AND COMMUNITY LEADERS IN THE RESIDENCE. THE HEAVINESS OF THE PRESIDENT'S ADMINISTRATIVE WORKLOAD, THE PRESENCE OF UNIVERSITY-RELATED SOCIAL FUNCTIONS AND THE NUMBER OF CONFERENCES SCHEDULED WITH STUDENTS OR FACULTY MEMBERS REQUIRE ACCESS TO THE MAJORITY OF THE RESIDENCE. IN ADDITION, THE UNIVERSITY CONDUCTS OTHER EVENTS THAT ARE ESSENTIAL TO ITS EDUCATIONAL EXEMPTION. IN LIEU OF THE AFOREMENTIONED INTRICACIES OF MULTIPLE USES BY MANY MULTIPLE PARTIES INVOLVED, IT IS IMPRACTICAL AND WOULD NOT BE CONSIDERED AN ACCURATE CALCULATION OF THE FAIR MARKET VALUE OF QUALIFIED CAMPUS LODGING FURNISHED TO THE PRESIDENT. DUE TO THESE FACTORS, THE UNIVERSITY HAS DECIDED TO OMIT ENTERING THE ESTIMATED AMOUNT OF TAX FREE HOUSING ALLOWANCE PROVIDED IN COLUMN F OF FORM 990, PART VII, SECTION A AND SCHEDULE J, PART II, COLUMN D - "NONTAXABLE BENEFITS". THE UNIVERSITY PROVIDES A HOUSE CLEANER FOR THE PRESIDENT AND ALSO PERFORMS ALL NECESSARY MAINTENANCE ON THE HOME.ExplanationTxt

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
MASS HEALTH AND EDUCATIONAL FACILITIES AUTHORITY
A04245601157586EGP02009-03-10$56,221,393FUND NEW CAPITAL PROJECTS000
MASS DEVELOPMENT FINANCE AGENCY
B04343181457583R7Z22011-03-30$32,013,314REFINANCE EXISTING DEBT AND FUND NEW CAPITAL PROJECTS000
MASS DEVELOPMENT FINANCE AGENCY
C0434318140000000002012-08-20$5,030,300REFINANCE EXISTING DEBT000
MASS DEVELOPMENT FINANCE AGENCY
D04343181457584XVS72016-09-13$45,905,000REFINANCE EXISTING DEBT AND FUND NEW CAPITAL PROJECTS000

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)

Bond ReferenceBondReferenceCdBond DefeasedBondDefeasedAmtTotal ProceedsTotalProceedsAmtIn Reserve FundInReserveFundAmtCapitalized InterestCapitalizedInterestAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCredit EnhancementCreditEnhancementAmtCapital ExpendituresCapitalExpendituresAmtOther Spent ProceedsOtherSpentProceedsAmtSubstantial CompletionSubstantialCompletionYrRefunding Tax Exempt BondsRefundingTaxExemptBondsIndRefunding Taxable BondsRefundingTaxableBondsIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintIndRefunding EscrowRefundingEscrowAmt
A$54,313,641$56,221,393$1,133,826$24,146$611,025$827,429$49,848,618$28,687201000Yes (1)Yes (1)
B$32,013,314$1,606,958-$49,929$497,603$500,819$3,872,932$1,672,79620130Yes (1)Yes (1)Yes (1)
C$5,030,300$42820120Yes (1)Yes (1)Yes (1)
D$55,979,787$18,717$544,696$5,053,4130Yes (1)Yes (1)Yes (1)$53,211,326

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndAny 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
A00000.000000.013100.0131000Yes (1)
B00000.000000.030200.0302000Yes (1)
C00000.000000.002500.0025000Yes (1)
D00000.000000.011400.0114000Yes (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)
C00Yes (1)00000Yes (1)
D0Yes (1)0000000

Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)

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

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceDATE REBATE COMPUTATION PERFORMEDFormAndLineReferenceDesc
ExplanationISSUER NAME: MASS. HEALTH AND EDUCATIONAL FACILITIES AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 06/30/2017 ISSUER NAME: MASS. DEVELOPMENT FINANCE AGENCY DATE THE REBATE COMPUTATION WAS PERFORMED: 06/30/2017ExplanationTxt

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
MASS DEVELOPMENT FINANCE AGENCY
A043431815575844CC12017-12-27$9,905,000REFINANCE EXISTING DEBT000
MASS DEVELOPMENT FINANCE AGENCY
B04343181457584YTV12019-08-02$30,510,625REFINANCE EXISITING DEBT AND FUND NEW CAPITAL PROJECTS000

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)

Bond ReferenceBondReferenceCdTotal ProceedsTotalProceedsAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCapital ExpendituresCapitalExpendituresAmtRefunding Tax Exempt BondsRefundingTaxExemptBondsIndRefunding Taxable BondsRefundingTaxableBondsIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintIndBond DefeasedBondDefeasedAmt
A$11,243,556$252,142$10,991,41400Yes (1)Yes (1)
B$30,510,625$304,728$6,000,0000Yes (1)0Yes (1)$24,205,897

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndAny 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
A00000.000000.022500.0225000Yes (1)
B00000.000000.013100.0131000Yes (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)0000000

Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)

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

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution8ContributionCnt
Noncash Contributions Rpt F990$35,438NoncashContributionsRptF990Amt
Method Of Determining RevenuesFMV ON DATE OF SALEMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Form8283 Received0Form8283ReceivedCnt
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (1)ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, COLUMN (B):FormAndLineReferenceDesc
ExplanationTHE NUMBER REPORTED IN COLUMN (B) OF SCHEDULE M REPRESENTS THE NUMBER OF CONTRIBUTIONS OF EACH ITEM.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
LINE 4A CONTINUATION:CORE VALUES INQUIRY: LESLEY UNIVERSITY IS DEVOTED TO ACADEMIC EXCELLENCE THROUGH ACTIVE TEACHING, ENGAGED LEARNING, AND INDIVIDUAL STUDENT DEVELOPMENT. WE DESIGN AND DELIVER INNOVATIVE, INTERDISCIPLINARY ACADEMIC PROGRAMS THAT VALUE INSPIRED TEACHERS, CURIOUS LEARNERS, RELEVANT SCHOLARSHIP, AND REAL-LIFE APPLICATION. COMMUNITY: LEARNING IS AN INDIVIDUAL AND COLLECTIVE ENDEAVOR THAT INVOLVES STUDENTS, EDUCATORS, FAMILIES, AND COMMUNITIES. WE BELIEVE IN THE POWER OF COLLABORATION AND ITS IMPACT ON PERSONAL AND SOCIAL DEVELOPMENT. DIVERSITY: OUR COMMUNITY RESPECTS, VALUES, AND BENEFITS FROM THE INDIVIDUAL, DEMOGRAPHIC AND CULTURAL DIFFERENCES OF OUR STUDENTS, FACULTY, AND STAFF. AS AN ACADEMIC COMMUNITY, OUR CREATIVITY, CRITICAL THINKING, AND PROBLEM-SOLVING APPROACHES ARE SHAPED BY THIS DIVERSITY. THROUGH THEIR VARIED LEARNING EXPERIENCES, LESLEY STUDENTS DEVELOP THE TOOLS TO EFFECTIVELY INTERACT WITH DIVERSE POPULATIONS AND STRIVE FOR SOCIAL JUSTICE AND EQUITY. CITIZENSHIP: HIGHER EDUCATIONAL INSTITUTIONS HAVE A RESPONSIBILITY TO PREPARE THEIR GRADUATES TO PARTICIPATE IN THE CULTURAL, POLITICAL AND ECONOMIC LIFE OF THEIR COMMUNITY, NATION AND WORLD. THIS DEMOCRATIC IDEAL IS REFLECTED IN LESLEY'S ACADEMIC ENVIRONMENT THAT ENCOURAGES SCHOLARSHIP, FREEDOM OF EXPRESSION, AND THE OPEN EXCHANGE OF IDEAS.
FORM 990, PART VI, SECTION B, LINE 11BONCE MANAGEMENT REVIEWS THE 990, IT IS FORWARDED TO THE AUDIT COMMITTEE FOR REVIEW. IT IS ALSO PLACED ON A SECURE WEBSITE FOR ALL THE TRUSTEES TO REVIEW PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12CEACH YEAR, EACH MEMBER OF THE BOARD OF TRUSTEES, ALL OFFICERS AND EACH KEY EMPLOYEE IS ASKED TO REVIEW THE UNIVERSITY'S CONFLICT OF INTEREST POLICY AND SUBMIT A DISCLOSURE STATEMENT REGARDING ANY CONFLICTS OF INTEREST THEY MAY HAVE. NEW TRUSTEES AND KEY EMPLOYEES ARE ASKED TO REVIEW THE POLICY AND SUBMIT A DISCLOSURE STATEMENT REGARDING ANY CONFLICTS OF INTEREST THEY MAY HAVE UPON COMMENCEMENT OF THEIR TERM OR THEIR EMPLOYMENT. THE ASSISTANT CLERK COLLECTS THE DISCLOSURE STATEMENTS. THE POLICY DESCRIBES A PROCESS FOR THE REVIEW OF POTENTIAL AND ACTUAL CONFLICTS OF INTEREST BY THE BOARD OF TRUSTEES OR A COMMITTEE OF THE BOARD.
FORM 990, PART VI, SECTION B, LINE 15APRESIDENT STEINMAYER'S EMPLOYMENT AGREEMENT AND COMPENSATION WERE REVIEWED AND APPROVED IN ADVANCE BY THE INDEPENDENT MEMBERS OF THE UNIVERSITY'S BOARD OF TRUSTEES. IN MAKING ITS DECISION, THE BOARD OF TRUSTEES REVIEWED COMPARABILITY DATA PROVIDED BY A THIRD- PARTY COMPENSATION CONSULTANT. THE BOARD'S DECISION WAS CONTEMPORANEOUSLY DOCUMENTED IN THE MINUTES OF THE BOARD MEETING.
FORM 990, PART VI, SECTION C, LINE 19ALL GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. OUR FORMS 990 (CURRENT AND PRIOR THREE YEARS) ARE ALSO AVAILABLE ON THE OFFICIAL WEBSITE OF THE ATTORNEY GENERAL OF MASSACHUSETTS AT WWW.CHARITIES.AGO.STATE.MA.US AND GUIDESTAR AT WWW2.GUIDESTAR.ORG. WE ALSO MAKE OUR FORM 990, IRS DETERMINATION LETTER, FORM 990-T, ARTICLES OF ORGANIZATION, AND BYLAWS AVAILABLE TO THE PUBLIC UPON REQUEST. OUR AUDITED FINANCIAL STATEMENTS ARE ALSO AVAILABLE ON THE OFFICIAL WEBSITE OF THE ATTORNEY GENERAL OF MASSACHUSETTS AT WWW.CHARITIES.AGO.STATE.MA.US. AUDITED FINANCIAL STATEMENTS AND SUMMARY REPORTS ARE AVAILABLE ON THE UNIVERSITY'S WEBSITE AT HTTPS://LESLEY.EDU/ABOUT/ACCREDITATIONS-LICENSURE-STATE-APPROVALS