2022-05-13T16:35:04-05:00 2021-06-30 KPMG LLP 345 Park Avenue New York NY 101540102 990 2020-07-01 131740451 Fordham University % NICHOLAS MILOWSKI FORD 7188171000 441 E Fordham Road FMH 512 BRONX NY 104585170 MARTHA K HIRST SR VP, CFO & TREAS 7188171000 2022-05-11 true MARTHA K HIRST 999009999 MARILYN FARLEY P01231880 2127589700 2022-05-10 2 2020 2022-09-23 18:48:47Z JOSEPH M MCSHANE SJ 441 E FORDHAM ROAD BRONX NY 104585170 1360912542 false X WWW.FORDHAM.EDU X 1841 NY TO PROVIDE THE HIGHEST QUALITY EDUCATION TO UNDERGRADUATE AND GRADUATE STUDENTS, IN THE JESUIT TRADITION. 34 30 7302 2253 -480232 0 72632861 124473071 829461945 800496730 33878832 27876298 80390 1046564 936054028 953892663 257998998 270419709 0 0 405486543 401325720 384756 411198 16035191 256017529 253011994 919887826 925168621 16166202 28724042 2146125008 2430141698 786584643 846062828 1359540365 1584078870 X FORDHAM UNIVERSITY, THE JESUIT UNIVERSITY OF NEW YORK, IS COMMITTED TO THE DISCOVERY OF WISDOM AND THE TRANSMISSION OF LEARNING, THROUGH RESEARCH AND THROUGH EDUCATION OF THE HIGHEST QUALITY. FOR MORE INFORMATION, SEE SCHEDULE O. false false 734672104 270419709 748496867 HIGHER EDUCATION FORDHAM UNIVERSITY IS AN INDEPENDENT, NOT-FOR-PROFIT, COEDUCATIONAL INSTITUTION OF HIGHER LEARNING, IN THE JESUIT TRADITION, WITH ITS PRINCIPAL CAMPUSES LOCATED IN NEW YORK CITY. FORDHAM UNIVERSITY SERVES AND EDUCATES APPROXIMATELY 9,400 UNDERGRADUATE STUDENTS AND 7,000 GRADUATE AND PROFESSIONAL STUDENTS. FOR MORE INFORMATION, SEE SCHEDULE O. 93367377 51999863 STUDENT HOUSING & FOOD SERVICES THE UNIVERSITY PROVIDES VARIOUS SERVICES FOR THE BENEFIT OF ITS STUDENTS, FACULTY AND STAFF AND IN SUPPORT OF EDUCATIONAL ACTIVITIES. 828039481 true true false true false false false true false true true true false true true true true false true true true false false true false false false true true true true false false false false false false true false false false true false false false true true true true false false true 20809 0 true 7302 true true true true UK false false false true true true 1 false false false false false X 34 30 true false false false false false false true true false false true true true true true true true true true true CA X X NICHOLAS MILOWSKI 7188171000 441 E FORDHAM RD BRONX NY 10458 X DONNA RAPPACCIOLI DEAN 35.0 0.0 X 690422 0 87207 JEFFREY M NEUBAUER MEN'S BKTBALL COACH (END 1/21) 35.0 0.0 X 655230 0 85780 DENNIS C JACOBS PROVOST & SVP ACADEMIC AFFAIRS 35.0 0.0 X 653926 0 64597 MARTHA K HIRST SR VP, CFO & TREASURER 35.0 0.0 X 614820 0 46458 MATTHEW DILLER DEAN 35.0 0.0 X 520377 0 88311 PETER STACE SVP FOR ENROLLMENT & STRATEGY 35.0 0.0 X 531674 0 63639 IFTEKHAR HASAN PROFESSOR 35.0 0.0 X 494999 0 86756 ROGER MILICI VP FOR DEV AND UNIV RELATIONS 35.0 0.0 X 441358 0 100145 JONATHAN CRYSTAL FMR. INTERIM PROVOST 35.0 0.0 X 431087 0 90541 FRANK SIMIO VP FOR LINCOLN CENTER 35.0 0.0 X 412139 0 86300 SUSAN BLOCK-LEIB PROFESSOR 35.0 0.0 X 442110 0 43012 MARCO VALERA VP FOR ADMINISTRATION 35.0 0.0 X 431102 0 46449 JEFFREY GRAY SVP OF STUDENT AFFAIRS 35.0 0.0 X 391643 0 85630 NICHOLAS MILOWSKI VP FOR FINANCE & ASST TREAS 35.0 0.0 X 367701 0 88208 KAY TURNER VP FOR HUMAN RESOURCES 35.0 0.0 X 337904 0 86773 MARGARET BALL GENERAL COUNSEL & SECR OF UNIV 35.0 0.0 X 343798 0 60876 JOHN BUCKLEY VP FOR ADM & STUDENT FIN SRVC 35.0 0.0 X 261334 0 80211 ANAND PADMANABHAN VP & CIO (START 9/20) 35.0 0.0 X 118350 0 16286 BRIAN BYRNE FMR. VP LINCOLN CTR (END 7/18) 0.0 0.0 X 126484 0 436 THOMAS A DUNNE FMR. VP FOR ADMIN (END 6/19) 0.0 0.0 X 105516 0 283 DENNY CHIN TRUSTEE & ADJUNCT PROFESSOR 2.0 0.0 X 8440 0 0 JOSEPH M MCSHANE SJ PRESIDENT & TRUSTEE 35.0 0.0 X X 0 0 0 CAROLYN ALBSTEIN TRUSTEE 1.0 0.0 X 0 0 0 DONALD ALMEIDA TRUSTEE & VICE CHAIR 2.0 0.0 X X 0 0 0 MEAGHAN JARENSKY BARAKETT TRUSTEE 1.0 0.0 X 0 0 0 SALLY J BELLET TRUSTEE (END 9/20) 1.0 0.0 X 0 0 0 JAMES E BUCKMAN TRUSTEE 1.0 0.0 X 0 0 0 ULDERICO CALERO JR TRUSTEE 1.0 0.0 X 0 0 0 ANTHONY P CARTER TRUSTEE 1.0 0.0 X 0 0 0 EMANUEL CHIRICO TRUSTEE 1.0 0.0 X 0 0 0 GREGORY C CHISHOLM SJ TRUSTEE 1.0 0.0 X 0 0 0 CAROLYN DURSI CUNNIFFE TRUSTEE 1.0 0.0 X 0 0 0 ROBERT D DALEO TRUSTEE & CHAIR 2.0 0.0 X X 0 0 0 MICHAEL J DOWLING TRUSTEE 1.0 0.0 X 0 0 0 CHRISTOPHER F FITZMAURICE TRUSTEE 1.0 0.0 X 0 0 0 JAMES P FLAHERTY TRUSTEE 1.0 0.0 X 0 0 0 NORA AHERN GROSE TRUSTEE 1.0 0.0 X 0 0 0 PATRICIA HELLER TRUSTEE 1.0 0.0 X 0 0 0 ANDREW J HINTON TRUSTEE 1.0 0.0 X 0 0 0 JAMES J HOULIHAN TRUSTEE (END 10/20) 1.0 0.0 X 0 0 0 DARLENE LUCCIO JORDAN TRUSTEE 1.0 0.0 X 0 0 0 ALEXIS KLEMISH TRUSTEE (END 7/20) 1.0 0.0 X 0 0 0 MARYANNE R LAVAN TRUSTEE 1.0 0.0 X 0 0 0 JOHN L LUMELLEAU TRUSTEE 1.0 0.0 X 0 0 0 SYLVESTER MCCLEARN TRUSTEE 1.0 0.0 X 0 0 0 HENRY S MILLER TRUSTEE 1.0 0.0 X 0 0 0 JAMES J MIRACKY SJ TRUSTEE 1.0 0.0 X 0 0 0 ARMANDO NUNEZ JR TRUSTEE 1.0 0.0 X 0 0 0 KEVIN O'BRIEN SJ TRUSTEE (END 3/21) 1.0 0.0 X 0 0 0 VALERIE IRICK RAINFORD TRUSTEE 1.0 0.0 X 0 0 0 THOMAS J REGAN SJ TRUSTEE 1.0 0.0 X 0 0 0 GUALBERTO RODRIQUEZ TRUSTEE 1.0 0.0 X 0 0 0 SUSAN CONLEY SALICE TRUSTEE 1.0 0.0 X 0 0 0 RICHARD P SALMI SJ TRUSTEE 1.0 0.0 X 0 0 0 JORGE B SAN MIGUEL TRUSTEE 1.0 0.0 X 0 0 0 EILEEN FITZGERALD SUDLER TRUSTEE 1.0 0.0 X 0 0 0 MARY ANN SULLIVAN TRUSTEE & VICE CHAIR 2.0 0.0 X X 0 0 0 DARIO WERTHEIN TRUSTEE 1.0 0.0 X 0 0 0 MICHAEL C MCCARTHY SJ VP MISSION INTERGA & PLANNING 35.0 0.0 X 0 0 0 8380414 0 1307898 935 true true false TISHMAN INTERIORS CORPORATION 100 PARK AVENUE NEW YORK NY 10017 CONSTRUCTION 48510223 2U INC 7900 HARKINS ROAD LANHAM MD 20706 ONLINE EDUCATION 32376235 ARAMARK SERVICES INC 1101 MARKET STREET PHILADELPHIA PA 19107 FOOD SERVICE 13833955 CALDWELL WALSH BUILDING CONSTRUCT 60 EAST 42ND STREET SUITE 601 NEW YORK NY 10165 CONSTRUCTION 8389336 IDEAL INTERIORS 450 7TH AVENUE NEW YORK NY 10123 CONSTRUCTION 5696967 244 31367543 93105528 4627612 124473071 TUITION AND FEES 611600 744497623 744497623 STUDENT HOUSING & FOOD SERVICES 611710 51999863 51608148 391715 ATHLETIC AND SUMMER PROGRAMS 611710 760461 760461 FEES FOR EDUCATIONAL SERVICES 611600 2146601 2146601 FACILITIES RENTAL 611710 358122 358122 734060 734060 800496730 15887318 -759852 16647170 446102 446102 249187 249187 517757 517757 0 517757 517757 418562757 407019879 11542878 11542878 11542878 0 0 0 0 0 0 0 0 0 PARKING INCOME - OPEN TO PUBLIC 812930 279117 279117 TRAVEL TOURS 561500 503 503 279620 953892663 800105015 -480232 29794809 973479 973479 269446230 269446230 0 0 5631375 2836846 2268202 526327 0 285652494 246460803 30991836 8199855 20297126 18615948 1377202 303976 70021505 56243560 10253446 3524499 19723220 18089578 1338261 295381 0 748829 748829 377689 377689 27525 27525 411198 411198 10421580 10421580 15413975 14382398 936307 95270 5745503 5324024 175686 245793 8904155 7286419 1467527 150209 11990731 8469614 3518759 2358 72401 45493 26908 56138828 47693676 7841494 603658 1315254 1274112 37757 3385 0 2412088 2205108 114581 92399 13116877 13045220 71657 0 57499112 52067487 4024938 1406687 3693809 943730 2745619 4460 ONLINE LEARN - 3RD PTY PMT 28613560 28613560 STUDENT MEAL COSTS 12352908 12352908 LIBRARY MATERIALS 2798753 2798753 DUES/SUBSCRIPTIONS 2684988 2001288 536905 146795 18683429 16869247 1791241 22941 925168621 828039481 81093949 16035191 X 22098543 13835075 83538664 53386989 70286722 98620464 13000679 10807194 0 0 0 0 7630033 6318249 780704 705670 4888099 6268596 1811429768 700901188 1056201047 1110528580 56055024 91736136 682165883 870799052 0 0 0 0 149479610 167135693 2146125008 2430141698 96382430 95705179 0 0 52397497 29926472 552466260 535334188 0 0 0 0 3092566 3092566 0 0 82245890 182004423 786584643 846062828 X 665570238 722097784 693970127 861981086 1359540365 1584078870 2146125008 2430141698 X 28724042 190247353 5567110 X false true X true true true X 87280461 72470418 91653725 72632861 124473071 448510536 0 0 87280461 72470418 91653725 72632861 124473071 448510536 37343704 411166832 6594392 9041818 8272554 9698303 17100364 50707431 0 1460353 1449119 1279214 914758 391715 5495159 504713126 3928284195 0.81466 0.85170 X SCHEDULE A, PART II, LINE 10 OTHER INCOME: LINE 10 INCLUDES OTHER PROGRAM REVENUE EXCLUDED FROM UNRELATED BUSINESS TAXABLE INCOME. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED true true true 20058 true 9301 true 5623 false true 42577 true 4076 true 27525 109160 false SCHEDULE C, PART II-B, LINE 1 LOBBYING ACTIVITIES: AN INSUBSTANTIAL PART OF THE UNIVERSITY'S ACTIVITIES INCLUDED THOSE ATTEMPTING TO INFLUENCE LOCAL, STATE AND FEDERAL LEGISLATION, REGULATION, AND POLICY BENEFICIAL TO THE UNIVERSITY AND ITS STUDENTS. LINE 1I THE UNIVERSITY PAID MEMBERSHIP DUES TO FIVE ORGANIZATIONS, EACH OF WHICH ENGAGED IN SOME DEGREE OF LOBBYING ACTIVITY. TOTAL MEMBERSHIP DUES PAID DURING FISCAL YEAR 2021 (AND THE PORTIONS OF WHICH WERE ATTRIBUTED TO LOBBYING ACTIVITIES) WERE AS FOLLOWS: THE COMMISSION OF INDEPENDENT COLLEGES AND UNIVERSITIES $97,351 ($7,418) ASSOCIATION OF JESUIT COLLEGES AND UNIVERSITIES $95,486 ($4,058) NATIONAL ASSOC. OF INDEPENDENT COLLEGES & UNIVERSITIES $17,900 ($1,253) AMERICAN COUNCIL ON EDUCATION $14,055 ($870) NATIONAL HUMANITIES ALLIANCE $2,750 ($825) LOBBYING ACTIVITIES DO NOT CONSTITUTE A SUBSTANTIAL PORTION OF FORDHAM'S ACTIVITIES. 4059210 X X X false 712774540 120889804 212399359 14806543 17797657 10421580 1003037923 733516335 16343516 2276483 14053700 17823983 7484111 712774540 729179329 17425000 24248865 13408657 17414662 6513540 733516335 691077330 23836007 51431735 12897356 17522652 6745735 729179329 622086306 9202025 92820000 10699974 16715781 5615246 691077330 0.41200 0.34700 0.24100 true false 14607245 14607245 1293029690 442816979 850212711 2292540 2156452 136088 334975587 238229754 96745833 166524706 17698003 148826703 1110528580 NONPUBLIC EQUITY FUNDS 290501793 F HEDGE FUNDS 221350921 F PRIVATE CAPITAL FUNDS 356757163 F OTHER 2189175 F 870799052 DEPOSITS WITH BOND TRUSTEES 59643805 EQUITY OWNERSHIP IN RESIDENCE 500000 PERPETUAL TRUST 9210791 CHARITABLE REMAINDER TRUST 11041267 OPERATING LEASE RIGHT-OF-USE 86739830 167135693 0 POST-RETIREMENT BENEFIT OBL 73762000 U.S. GOVT REFUNDABLE ADVANCES 3049452 AMOUNTS HELD ON BEHALF OF OTH 6134703 CAPITALIZED LEASE OBLIGATION 528371 OPERATING LEASE LIABILITY 98529897 182004423 X 875507665 190247353 -258210771 -67963418 943471083 10421580 10421580 953892663 651096373 735537 735537 650360836 10421580 264386205 274807785 925168621 SCHEDULE D, PART III, LINE 4 COLLECTIONS: THE UNIVERSITY'S MOST SIGNIFICANT COLLECTION IS EXHIBITED AT ITS MUSEUM OF GREEK, ETRUSCAN AND ROMAN ART. THE MUSEUM OCCUPIES 4,000 SQUARE FEET OF SPACE AND FEATURES MORE THAN 260 ANTIQUITIES DATING FROM THE 10TH CENTURY B.C. THROUGH THE 3RD CENTURY A.D. THE MUSEUM, ADMISSION TO WHICH IS FREE OF CHARGE, IS OPEN TO THE PUBLIC FOR BOTH EDUCATIONAL AND RESEARCH-RELATED PURPOSES. DURING FISCAL YEAR ENDED JUNE 30, 2021 THE UNIVERSITY RETURNED APPROXIMATELY 100 ETRUSCAN WORKS OF ART TO THE REPUBLIC OF ITALY. SCHEDULE D, PART V, LINE 4 ENDOWMENT FUNDS: THE PURPOSE OF FORDHAM UNIVERSITY'S ENDOWMENT IS TO GENERATE INVESTMENT EARNINGS AS A SOURCE OF REVENUE TO SUPPORT FINANCIAL ASSISTANCE TO STUDENTS, FUND NEW AND CUTTING-EDGE PROGRAMS WHILE MAINTAINING AND IMPROVING EXISTING ONES, AND IMPROVE AND MAINTAIN THE CAMPUS TO MEET THE NEEDS OF THE UNIVERSITY COMMUNITY, AS RESTRICTED BY DONORS OR INTERNALLY DESIGNATED BY THE BOARD OF TRUSTEES. SCHEDULE D, PART IX & X LEASE ACCOUNTING STANDARD ADOPTION: DURING THE FISCAL YEAR ENDED JUNE 30, 2021, THE UNIVERSITY ADOPTED ACCOUNTING STANDARDS UPDATE NO. 2016-02, LEASES (TOPIC 842). THE UNIVERSITY ELECTED TO USE THE TRANSITION PACKAGE OF PRACTICAL EXPEDIENTS AND SHORT-TERM LEASE EXEMPTION. THE UNIVERSITY RECOGNIZED RIGHT-OF-USE ASSETS AND LEASE LIABILITIES OF $94,606,211 AND $106,587,344, RESPECTIVELY, ON JULY 1, 2020. SCHEDULE D, PART X, LINE 2 INCOME TAXES: THE UNIVERSITY EVALUATES UNCERTAINTIES IN INCOME TAXES AND ACCOUNTS FOR THEM IN ITS FINANCIAL STATEMENTS IF THEY EXCEED A THRESHOLD OF MORE-LIKELY-THAN-NOT OF BEING SUSTAINED. THE UNIVERSITY HAS NO MATERIAL UNCERTAIN TAX POSITIONS. INCOME GENERATED FROM ACTIVITIES THAT SUPPORT THE UNIVERSITY'S MISSION BUT MAY NOT DIRECTLY RELATE TO ITS EXEMPT PURPOSE (I.E. UNRELATED BUSINESS ACTIVITIES), IS SUBJECT TO TAX. IN CONNECTION WITH THE UNIVERSITY'S ROUTINE EVALUATION OF ITS UNRELATED BUSINESS ACTIVITIES, IT MAINTAINED A DEFERRED TAX ASSET ON ITS BOOKS TOTALING $1,151,527 AT JUNE 30, 2021 AND 2020, WHICH IS INCLUDED IN OTHER ASSETS TO REFLECT THE FACT THAT NET OPERATING LOSS CARRYFORWARDS WILL LIKELY BE DEDUCTIBLE AGAINST FUTURE TAXABLE INCOME. SCHEDULE D, PARTS XI and XII RECONCILIATION OF REVENUE & EXPENSE PER AUDITED FINANCIAL STATEMENTS & FORM 990 SCHEDULE D, PARTS XI, LINE 2D OTHER ADJUSTMENTS: CHANGE IN FAIR VALUE OF PERPETUAL TRUST 2,045,571 CHANGE IN FAIR VALUE OF INTEREST RATE SWAP 3,450,377 FINANCIAL AID AWARDS (264,386,139) CHANGE IN POST RETIREMENT HEALTH BENEFIT OBLIGATIONS OTHER THAN NET PERIODIC COST 7,274,000 PROVISION FOR VOLUNTARY SEPARATION BENEFITS (3,470,314) NET PERIODIC BENEFIT COST OTHER THAN SERVICE COST (1,804,000) ARTWORK RETURNED (1,320,200) TRAVEL TOUR EXPENSE (66) ------------- TOTAL (258,210,771) SCHEDULE D, PART XII, LINE 2D OTHER ADJUSTMENTS: LONDON PGM EXP & CURRENCY ADJ 735,537 SCHEDULE D, PART XII, LINE 4B OTHER ADJUSTMENTS: FINANCIAL AID AWARDS 264,386,139 TRAVEL TOUR EXPENSE 66 ------------- TOTAL 264,386,205 true true true true true true true false false false false false false false false true false true SCHEDULE E, PART I, LINE 3 NONDISCRIMINATION POLICY: THE UNIVERSITY INCLUDES A STATEMENT OF ITS NON-DISCRIMINATION POLICY ON ITS WEBSITE, AS WELL AS IN STUDENT REGISTRATION MATERIALS, STUDENT COURSE CATALOGS, AND EMPLOYEE JOB POSTINGS. SCHEDULE E, PART I, LINE 6A EXPLANATION OF GOVERNMENT FINANCIAL AID: THE UNIVERSITY RECEIVES GRANTS FOR RESEARCH, TRAINING, AND FINANCIAL AID FROM THE NATIONAL SCIENCE FOUNDATION, THE U.S. DEPARTMENT OF EDUCATION, THE U.S. DEPARTMENT OF HEALTH AND HUMAN SERVICES, AND VARIOUS OTHER FEDERAL, NEW YORK STATE AND NEW YORK CITY AGENCIES. Europe (Including Iceland and Greenland) 2 32 Program Services INTERNATIONAL STUDIES 2047381 Sub-Saharan Africa Program Services INTERNATIONAL STUDIES 7604 East Asia and the Pacific 31 Program Services INTERNATIONAL STUDIES 468470 Sub-Saharan Africa 1 Program Services LAW SCHOOL 550 Europe (Including Iceland and Greenland) 4 Program Services LAW SCHOOL 2800 Central America and the Caribbean Investments 307223980 Europe (Including Iceland and Greenland) Investments 50965390 North America Investments 5087094 2 68 2 68 365803269 365803269 true true true true true true SCHEDULE F, PART I, LINE 3, COLUMN (F) METHOD OF ACCOUNTING: EXPENSES ARE REPORTED USING THE ACCRUAL METHOD OF ACCOUNTING, CONSISTENT WITH FORDHAM UNIVERSITY'S AUDITED FINANCIAL STATEMENTS. X X X X X X X true RUFFALO NOEL LEVITZ LLC 1025 KIRKWOOD PARKWAY SW CEDAR RAPIDS IA 52404 PROF. 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RUFFALO NOEL LEVITZ, LLC'S CORPORATE HEADQUARTERS ARE LOCATED AT 1025 KIRKWOOD PARKWAY SW, CEDAR RAPIDS, IA 52404. true OKLAHOMA STATE UNIVERSITY 401 WHITEHURST STILLWATER OK 74078 731383996 GOV'T 19894 RESEARCH COLUMBIA UNIVERSITY 615 W 131ST ST MC8741 NEW YORK NY 10027 135598093 501(C)(3) 17409 RESEARCH MOUNT SINAI SCHOOL OF MEDICINE ONE GUSTAVE L LEVY NEW YORK NY 10029 136171197 501(C)(3) 659922 RESEARCH HAVERFORD COLLEGE 370 LANCASTER AVE HAVERFORD PA 19041 206002304 501(C)(3) 46535 RESEARCH POLYTECHNIC UNIVERSITY OF PUERTO RICO 377 PONCE DE LEON AVE HATO REY PR 00918 660362666 501(c)(3) 49543 RESEARCH MARQUETTE UNIVERSITY 1250 W WISCONSIN AVE MILWAUKEE WI 53233 390806251 501(c)(3) 26886 RESEARCH TENNESSEE TECHNOLOGICAL UNIVERSITY 1 WILLIAM L JONES DR COOKEVILLE TN 38505 620646806 501(c)(3) 21821 RESEARCH DREXEL UNIVERSITY 3141 CHESTNUT ST PHILADELPHIA PA 19104 231352630 501(c)(3) 21104 RESEARCH GONZAGA UNIVERSITY 502 EBONNE AVE SPOKANE WA 99258 910236600 501(c)(3) 20000 RESEARCH SANTA CLARA UNIVERSITY 500 EL CAMINO REAL SANTA CLARA CA 95053 941156617 501(c)(3) 20000 RESEARCH XAVIER UNIVERSITY 3800 VICTORY PKWY CINCINNATI OH 45207 310537516 501(c)(3) 10691 RESEARCH ALBERT EINSTEIN COLLEGE OF MEDICINE 1300 MORRIS PARK AVE BRONX NY 10461 830621846 501(c)(3) 9270 RESEARCH YALE UNIVERSITY PO BOX 208239 NEW HAVEN CT 06520 060646973 501(C)(3) 13340 RESEARCH BAYLOR UNIVERSITY ONE BEAR PLACE 97360 WACO TX 76798 741159753 501(C)(3) 24055 RESEARCH 14 STUDENT SCHOLARSHIPS 16825 264386139 N/A N/A COVID-19 ASSISTANCE TO STUDENTS 2765 5060091 N/A N/A SCHEDULE I, PART I, LINE 2 GRANT MONITORING: ANY ORGANIZATION THAT RECEIVES SUBAWARDS FROM FORDHAM UNIVERSITY IS REQUIRED TO SUBMIT BOTH FINANCIAL AND PROGRAM PROGRESS REPORTS, EITHER ON A MONTHLY OR QUARTERLY BASIS, AS TO THE USE OF FUNDS. THE REQUIRED FREQUENCY OF REPORTING, AS WELL AS OTHER MONITORING CONTROLS, ARE DEPENDENT UPON REQUIREMENTS OF THE PRIMARY SUBGRANTING AGENCY AND UPON THE RESULTS OF A PREAWARD RISK ASSESSMENT, WHICH IS PERFORMED ON ALL SUBRECIPIENTS PRIOR TO ISSUING AWARDS. FINANCIAL AND PROGRAM PROGRESS REPORTS RECEIVED FROM SUBGRANTEES ARE MONITORED AND REVIEWED BY PRINCIPAL INVESTIGATORS, THE OFFICE OF SPONSORED PROGRAMS AND THE SUBGRANTS ACCOUNTING OFFICE TO ENSURE FUNDS ARE USED APPROPRIATELY. IN ADDITION, PRINCIPAL INVESTIGATORS MEET REGULARLY WITH SUBGRANTEES, WHICH INCLUDES FIELD VISITS TO OBSERVE ACTIVITIES ON A FIRST-HAND BASIS. SCHOLARSHIP GRANT MONITORING: FORDHAM PROVIDES VARIOUS TYPES OF FINANCIAL ASSISTANCE TO PROMOTE ACCESS AND AFFORDABILITY TO STUDENTS. FORDHAM'S STUDENT FINANCIAL AID DEPARTMENT WORKS WITH STUDENTS TO HELP THEM DEVISE A PLAN TO FUND THEIR EDUCATION. ASSISTANCE MAY INCLUDE A COMBINATION OF GRANTS, LOANS AND PAYMENT PLANS DEPENDING ON INDIVIDUAL CIRCUMSTANCES AND RESOURCES. SCHOLARSHIP GRANTS ARE AWARDED ON THE BASIS OF FINANCIAL NEED AND/OR SCHOLASTIC ACHIEVEMENT, AND ON A NON-DISCRIMINATORY BASIS. STUDENTS MUST COMPLETE CERTAIN QUESTIONNAIRES AND APPLICATIONS TO DEMONSTRATE THEIR QUALIFICATION FOR VARIOUS TYPES OF FEDERAL, STATE, LOCAL, AND INSTITUTIONAL FINANCIAL ASSISTANCE. THE VARIOUS FINANCIAL ASSISTANCE PROGRAMS HAVE PARTICULAR ELIGIBILITY AND MONITORING REQUIREMENTS, SUCH AS THOSE PROVIDED BY THE CODE OF FEDERAL REGULATIONS. THESE REQUIREMENTS MAY INCLUDE A MINIMUM COURSE LOAD, DEMONSTRATED ACADEMIC PROGRESS, AND OTHER SIMILAR REQUIREMENTS. SCHOLARSHIP GRANTS ARE APPLIED DIRECTLY TOWARD A STUDENT'S TUITION AND ROOM AND BOARD COSTS, THEREBY ENSURING THE FUNDS ARE USED AS INTENDED. SCHEDULE I, PART III, LINE 2 THE UNITED STATES CONGRESS PASSED THE CORONAVIRUS AID, RELIEF, AND ECONOMIC SECURITY (CARES) ACT ON MARCH 27, 2020. THE UNIVERSITY RECOGNIZED $12,986,245 THROUGH THE CARES ACT AND, IN FY2021, EXPENDED 5,060,091 OF THE AWARD FOR COVID-19 ASSISTANCE TO STUDENTS, AND 7,926,154 TO MITIGATE A PORTION OF THE FINANCIAL LOSSES INCURRED BY THE UNIVERSITY FOR THE NUMEROUS HEALTH AND SAFETY EXPENDITURES AND MEASURES TAKEN. X X true true X X X X true false false false false false false true false MARGARET BALL GENERAL COUNSEL & SECR OF UNIV 340747 0 0 0 3051 0 44999 0 15877 0 404674 0 0 0 SUSAN BLOCK-LEIB PROFESSOR 439986 0 0 0 2124 0 40786 0 2226 0 485122 0 0 0 JOHN BUCKLEY VP FOR ADM & STUDENT FIN SRVC 259361 0 0 0 1973 0 37472 0 42739 0 341545 0 0 0 BRIAN BYRNE FMR. VP LINCOLN CTR (END 7/18) 0 0 0 0 126484 0 0 0 436 0 126920 0 0 0 JONATHAN CRYSTAL FMR. INTERIM PROVOST 428577 0 0 0 2510 0 45600 0 44941 0 521628 0 0 0 MATTHEW DILLER DEAN 516625 0 0 0 3752 0 45600 0 42711 0 608688 0 0 0 THOMAS A DUNNE FMR. VP FOR ADMIN (END 6/19) 0 0 0 0 105516 0 0 0 283 0 105799 0 0 0 JEFFREY GRAY SVP OF STUDENT AFFAIRS 388785 0 0 0 2858 0 45600 0 40030 0 477273 0 0 0 IFTEKHAR HASAN PROFESSOR 491760 0 0 0 3239 0 45600 0 41156 0 581755 0 0 0 MARTHA K HIRST SR VP, CFO & TREASURER 609061 0 0 0 5759 0 45600 0 858 0 661278 0 0 0 DENNIS C JACOBS PROVOST & SVP ACADEMIC AFFAIRS 600025 0 0 0 53901 0 20354 0 44243 0 718523 0 0 0 ROGER MILICI VP FOR DEV AND UNIV RELATIONS 439928 0 0 0 1430 0 45600 0 54545 0 541503 0 0 0 NICHOLAS MILOWSKI VP FOR FINANCE & ASST TREAS 362298 0 4675 0 728 0 45600 0 42608 0 455909 0 0 0 JEFFREY M NEUBAUER MEN'S BKTBALL COACH (END 1/21) 654232 0 0 0 998 0 45600 0 40180 0 741010 0 0 0 DONNA RAPPACCIOLI DEAN 687912 0 0 0 2510 0 45600 0 41607 0 777629 0 0 0 FRANK SIMIO VP FOR LINCOLN CENTER 409629 0 0 2510 0 45600 0 40700 0 498439 0 0 0 PETER STACE SVP FOR ENROLLMENT & STRATEGY 523808 0 0 7866 0 45600 0 18039 0 595313 0 0 0 KAY TURNER VP FOR HUMAN RESOURCES 327582 0 7825 0 2497 0 44368 0 42405 0 424677 0 0 0 MARCO VALERA VP FOR ADMINISTRATION 428061 0 0 0 3041 0 45600 0 849 0 477551 0 0 0 SCHEDULE J, PART I FORDHAM UNIVERSITY'S PRESIDENT, JOSEPH M. MCSHANE S.J. AND VP FOR MISSION INTEGRATION & PLANNING, MICHAEL MCCARTHY S.J., ARE MEMBERS OF THE SOCIETY OF JESUS. PAYMENTS ARE MADE TO THE SOCIETY OF JESUS FOR THESE OFFICERS AND OTHER MEMBERS OF THE JESUIT COMMUNITY FOR THEIR SERVICES TO FORDHAM UNIVERSITY. TOTAL PAYMENTS TO THE JESUIT COMMUNITY IN CALENDAR YEAR 2020 TOTALED $3,738,548. SCHEDULE J, PART I, LINE 1A FIRST-CLASS OR CHARTER TRAVEL: FORDHAM UNIVERSITY DOES NOT GENERALLY PERMIT FIRST CLASS TRAVEL. HOWEVER, FOR BUSINESS TRIPS IN EXCESS OF 6 HOURS, EMPLOYEES ARE PERMITTED TO UPGRADE FROM THE LOWEST COACH FARE OFFERED BY THE AIRLINE TO THE NEXT CLASS AVAILABLE. IN CONNECTION WITH ITS ATHLETICS PROGRAM, CERTAIN TEAMS UTILIZE CHARTER TRAVEL. THE MEN'S BASKETBALL COACH FLIES WITH THE ATHLETIC TEAMS AS PART OF HIS RESPONSIBILITIES AS AN EMPLOYEE OF FORDHAM UNIVERSITY. THE VALUE OF TRAVEL WAS NOT INCLUDED IN TAXABLE COMPENSATION. HOUSING ALLOWANCE OR RESIDENCE FOR PERSONAL USE: HOUSING WAS PROVIDED TO MICHAEL MCCARTHY S.J., VP FOR MISSION INTEGRATION & PLANNING. HE IS A MEMBER OF THE SOCIETY OF JESUS AND LIVES AS A RESIDENT MINISTER IN A UNIVERSITY DORMITORY ON CAMPUS, PROVIDING GUIDANCE TO STUDENTS FOR THE CONVENIENCE OF THE UNIVERSITY. ACCORDINGLY, THE HOUSING BENEFITS PROVIDED TO HIM ARE NOT INCLUDABLE AS GROSS INCOME UNDER SECTION 119 OF THE INTERNAL REVENUE CODE. THE UNIVERSITY'S PROVOST RECEIVES A TAXABLE HOUSING ALLOWANCE, WHICH IS INCLUDED IN OTHER REPORTABLE COMPENSATION IN PART II, COLUMN (B)(III). SCHEDULE J, PART I, LINE 4A SEVERANCE PAYMENTS: DURING THE YEAR ENDED JUNE 30, 2018, THE UNIVERSITY EXTENDED A VOLUNTARY SEPARATION OFFER (VSO) TO ELIGIBLE ADMINISTRATORS. THE VSO PROVIDES FOR SEPARATION ALLOWANCES COMPRISING SALARY (BASED ON LENGTH OF SERVICE) AND FRINGE BENEFITS, PRINCIPALLY MEDICAL COVERAGE AND TUITION REMISSION. THE FOLLOWING INDIVIDUALS RECEIVED SEVERANCE PAYMENTS UNDER THE UNIVERSITY'S VOLUNTARY SEPARATION OFFER FROM JANUARY 1, 2020 TO DECEMBER 31, 2020: BRIAN BYRNE - $126,484 THOMAS A DUNNE - $105,516 THESE AMOUNTS ARE INCLUDED IN OTHER REPORTABLE COMPENSATION IN PART II, COLUMN (B)(III). SCHEDULE J, PART I, LINE 7 NON-FIXED PAYMENTS TWO OFFICERS RECEIVED A DISCRETIONARY BONUS PAYMENT DURING CALENDAR YEAR 2020, AS REPORTED IN PART II, COLUMN (B)(ii). A DASNY SERIES 2008A 146000293 649903C33 2008-05-21 96895000 REFUNDING 2005 DEBT ISSUE false false false B DASNY SERIES 2012 146000293 649906Z23 2012-10-25 46206812 REFUNDING 2002 & 1998 DEBT ISSUE false false false C DASNY SERIES 2014 146000293 649907YZ9 2014-04-03 66182433 REFUND 2004 ISSUE AND CO-OP ACQ false false false D DASNY SERIES 2016A 146000293 64990BD75 2016-05-05 169720220 REF PRIOR ISSUES & REN ACAD BLG false false false A 32990000 0 96895000 0 0 0 602276 59047 0 0 96233677 0 2008 true false true true B 26061812 0 46206812 0 0 45346923 784889 0 0 0 75000 0 2013 true false true true C 18652432 0 66191583 0 0 0 867854 0 0 54071689 11252040 0 2016 true false true true D 14765000 0 169720220 0 0 0 1209489 0 0 15075000 153435731 0 2016 true true true true A false false false false 0 false false false true B 0 false false false true C false false false false 0 false false false true D false false false false 0 false false false true A false false false true true true BOA ML 24.11 true false false 0 false true B false false true true false false 0 false 0 false true C false false false true false false 0 false 0 false true D false false false true false false 0 false 0 false true A true B true C true D true SCHEDULE K, PART I, BOND ISSUES: 2014 BOND ISSUE (A) ISSUER NAME: DORMITORY AUTHORITY OF THE STATE OF NEW YORK (F) DESCRIPTION OF PURPOSE: ACQUISITION OF BUILDING AND REFUND 2004 DEBT ISSUE 2016 BOND ISSUE (A) ISSUER NAME: DORMITORY AUTHORITY OF THE STATE OF NEW YORK (F) DESCRIPTION OF PURPOSE: REFUND CERTAIN TRANCHES OF THE 2011 DEBT ISSUE, DEFEASE AND ADVANCE REFUND ALL OF THE 2008B DEBT ISSUE, AND REFURBISH ACADEMIC BUILDING 2017 BOND ISSUE (A) ISSUER NAME: DORMITORY AUTHORITY OF THE STATE OF NEW YORK (F) DESCRIPTION OF PURPOSE: REFUND CERTAIN TRANCHES OF THE 2011 DEBT ISSUE AND COVER COSTS OF ISSUANCE 2020 BOND ISSUE (A) ISSUER NAME: DORMITORY AUTHORITY OF THE STATE OF NEW YORK (F) DESCRIPTION OF PURPOSE: EXPANSION AND REFURBISHMENT OF THE UNIVERSITY'S CAMPUS CENTER, PAYMENTS OF CAPITALIZED INTEREST AND COVER COSTS OF ISSUANCE SCHEDULE K, PART II, (1), LINE 3, COLUMN C 2014 BOND ISSUE PROCEEDS LISTED IN PART II, LINE 3 ARE GREATER THAN PROCEEDS LISTED IN PART I DUE TO INVESTMENT EARNINGS. SCHEDULE K, PART II, (2), LINE 3, COLUMN B 2020 BOND ISSUE PROCEEDS LISTED IN PART II LINE 3 ARE GREATER THAN PROCEEDS LISTED IN PART 1 DUE TO INVESTMENT EARNINGS. SCHEDULE K, PART III, LINE 4 ALL ACTIVITIES AND CONTRACTS CURRENTLY OPERATED WITHIN BOND-FINANCED SPACE ARE EITHER RELATED TO FORDHAM'S UNIVERSITY'S TAX EXEMPT PURPOSE OR FALL WITHIN ONE OF THE SAFE HARBORS AND/OR EXCEPTIONS, AND CONSEQUENTLY DO NOT RESULT IN PRIVATE BUSINESS USE IN THE BOND-FINANCED SPACE. SCHEDULE K, PART IV, (1), LINE 2C, COLUMN A 2008 BOND ISSUE THE DATE OF THE REBATE COMPUTATION IS 7/1/17. SCHEDULE K, PART IV, (1) LINE 2C, COLUMN B 2012 BOND ISSUE THE DATE OF THE REBATE CALCULATION IS 11/15/17. SCHEDULE K, PART IV, (1), LINE 2C, COLUMN C 2014 BOND ISSUE THE DATE OF THE REBATE CALCULATION IS 04/03/19. SCHEDULE K, PART IV, (1), LINE 2C, COLUMN D 2016 BOND ISSUE THE DATE OF THE REBATE CALCULATION IS 05/05/21. SCHEDULE K, PART IV, (1), LINE 4C, COLUMN A ARBITRAGE THE UNIVERSITY PAYS A FIXED RATE OF 3.2475% AND RECEIVES 67% OF ONE MONTH LIBOR ON THE NOTIONAL PRINCIPAL AMOUNT OF THE 2008A BONDS. A DASNY SERIES 2017 146000293 64990C5S6 2017-12-21 91211032 REFUNDING 2011 DEBT ISSUE false false false B DASNY SERIES 2020 146000293 64990GXZ0 2020-01-29 165170475 EXPANSION & REFURB CAMPUS CENTER false false false A 0 0 91211032 0 0 0 826227 0 0 0 90384805 0 2017 false true true true B 0 0 166037960 0 14067298 0 978177 0 0 97514985 125000 53352500 false false false true A false false false false 0 false false false true B false false false false 0 false false false true A false true false false false false 0 false 0 false true B false true false false false false 0 false 0 false true A true B true 106201 STUDENT SCHOLARSHIPS COVER COSTS OF TUITION X 53 4626288 Market Quotation X PRINTED MATERIALS 1 1325 COST 1 false true true SCHEDULE M, PART I, COLUMN (B) NUMBER OF CONTRIBUTORS: THE AMOUNT LISTED IN COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTORS. SCHEDULE M, PART I, LINE 32A THIRD PARTY ASSISTANCE: THE UNIVERSITY UTILIZES A THIRD PARTY COMPANY TO HANDLE ALL ASPECTS OF VEHICLE DONATIONS. A NET CHECK IS PAID DIRECTLY TO THE UNIVERSITY ONCE THE VEHICLES ARE SOLD; THEREFORE, VEHICLES ARE NOT REPORTED AS NON-CASH CONTRIBUTIONS ON SCHEDULE M. FORM 990, PART III, LINE 1 MISSION STATEMENT: THE MISSION OF THE UNIVERSITY FORDHAM UNIVERSITY, THE JESUIT UNIVERSITY OF NEW YORK, IS COMMITTED TO THE DISCOVERY OF WISDOM AND THE TRANSMISSION OF LEARNING, THROUGH RESEARCH AND THROUGH UNDERGRADUATE, GRADUATE AND PROFESSIONAL EDUCATION OF THE HIGHEST QUALITY. GUIDED BY ITS CATHOLIC AND JESUIT TRADITIONS, FORDHAM FOSTERS THE INTELLECTUAL, MORAL AND RELIGIOUS DEVELOPMENT OF ITS STUDENTS AND PREPARES THEM FOR LEADERSHIP IN A GLOBAL SOCIETY. CHARACTERISTICS OF THE UNIVERSITY AS A UNIVERSITY - FORDHAM STRIVES FOR EXCELLENCE IN RESEARCH AND TEACHING, AND GUARANTEES THE FREEDOM OF INQUIRY REQUIRED BY RIGOROUS THINKING AND THE QUEST FOR TRUTH. FORDHAM AFFIRMS THE VALUE OF A CORE CURRICULUM ROOTED IN THE LIBERAL ARTS AND SCIENCES. THE UNIVERSITY SEEKS TO FOSTER IN ALL ITS STUDENTS LIFE LONG HABITS OF CAREFUL OBSERVATION, CRITICAL THINKING, CREATIVITY, MORAL REFLECTION AND ARTICULATE EXPRESSION. IN ORDER TO PREPARE CITIZENS FOR AN INCREASINGLY MULTICULTURAL AND MULTINATIONAL SOCIETY, FORDHAM SEEKS TO DEVELOP IN ITS STUDENTS AN UNDERSTANDING OF AND REVERENCE FOR CULTURES AND WAYS OF LIFE OTHER THAN THEIR OWN. AS A CATHOLIC UNIVERSITY - FORDHAM AFFIRMS THE COMPLEMENTARY ROLES OF FAITH AND REASON IN THE PURSUIT OF WISDOM AND LEARNING. THE UNIVERSITY ENCOURAGES THE GROWTH OF A LIFE OF FAITH CONSONANT WITH MORAL AND INTELLECTUAL DEVELOPMENT. FORDHAM ENCOURAGES FACULTY TO DISCUSS AND PROMOTE AN UNDERSTANDING OF THE ETHICAL DIMENSION OF WHAT IS BEING STUDIED AND WHAT IS BEING TAUGHT. FORDHAM GIVES SPECIAL ATTENTION TO THE STUDY OF THE LIVING TRADITION OF CATHOLICISM, AND IT PROVIDES A PLACE WHERE RELIGIOUS TRADITIONS MAY INTERACT WITH EACH OTHER AND WITH CONTEMPORARY CULTURES. FORDHAM WELCOMES STUDENTS, FACULTY, AND STAFF OF ALL RELIGIOUS TRADITIONS AND OF NO RELIGIOUS TRADITION AS VALUED MEMBERS OF THIS COMMUNITY OF STUDY AND DIALOGUE. AS A JESUIT UNIVERSITY - FORDHAM DRAWS ITS INSPIRATION FROM THE DUAL HERITAGE OF CHRISTIAN HUMANISM AND IGNATIAN SPIRITUALITY, AND CONSEQUENTLY SEES ALL DISCIPLINES AS POTENTIAL PATHS TO GOD. FORDHAM RECOGNIZES THE DIGNITY AND UNIQUENESS OF EACH PERSON. A FORDHAM EDUCATION AT ALL LEVELS IS STUDENT-CENTERED, AND ATTENTIVE TO THE DEVELOPMENT OF THE WHOLE PERSON. SUCH AN EDUCATION IS BASED ON CLOSE COLLABORATION AMONG STUDENTS, FACULTY, AND STAFF. FORDHAM IS COMMITTED TO RESEARCH AND EDUCATION THAT ASSIST IN THE ALLEVIATION OF POVERTY, THE PROMOTION OF JUSTICE, THE PROTECTION OF HUMAN RIGHTS AND RESPECT FOR THE ENVIRONMENT. JESUIT EDUCATION IS COSMOPOLITAN EDUCATION. THEREFORE, EDUCATION AT FORDHAM IS INTERNATIONAL IN ITS SCOPE AND IN ITS ASPIRATIONS. THE WORLD WIDE NETWORK OF JESUIT UNIVERSITIES OFFERS FORDHAM FACULTY AND STUDENTS DISTINCTIVE OPPORTUNITIES FOR EXCHANGE AND COLLABORATION. AS A UNIVERSITY IN NEW YORK CITY - AS HOME TO PEOPLE FROM ALL OVER THE GLOBE, AS A CENTER OF INTERNATIONAL BUSINESS, COMMUNICATION, DIPLOMACY, THE ARTS AND THE SCIENCES, NEW YORK CITY PROVIDES FORDHAM WITH A SPECIAL KIND OF CLASSROOM. ITS UNPARALLELED RESOURCES SHAPE AND ENHANCE FORDHAM'S PROFESSIONAL AND UNDERGRADUATE PROGRAMS. FORDHAM IS PRIVILEGED TO SHARE A HISTORY AND A DESTINY WITH NEW YORK CITY. THE UNIVERSITY RECOGNIZES ITS DEBT OF GRATITUDE TO THE CITY AND ITS OWN RESPONSIBILITY TO SHARE ITS GIFTS FOR THE ENRICHMENT OF OUR CITY OUR NATION AND OUR WORLD. STRATEGIC PLANNING FORDHAM INSTITUTED A CONTINUOUS UNIVERSITY STRATEGIC PLANNING (CUSP) PROCESS IN SEPTEMBER 2015 TO FOSTER A CULTURE OF STRATEGIC THINKING THROUGHOUT THE UNIVERSITY AND PRODUCE A STRATEGIC FRAMEWORK OF PRIORITIES TO GUIDE PLANNING. A DEDICATED COMMITTEE OF FACULTY AND ADMINISTRATORS ENGAGED THE UNIVERSITY COMMUNITY IN A PROCESS OF DISCERNMENT THAT YIELDED "A STRATEGIC FRAMEWORK FOR FORDHAM'S FUTURE: BOTHERED EXCELLENCE" WHICH THE BOARD OF TRUSTEES APPROVED IN SEPTEMBER 2016. SINCE THEN, LOCAL PLANNING UNITS HAVE DEVELOPED INITIATIVES THAT ADVANCE THE PRIORITIES IN WAYS APPROPRIATE TO THE UNIT'S SPHERE OF ACTIVITY AND IN 2018 THE UNIVERSITY ESTABLISHED A STRATEGIC INITIATIVES FUND TO SUPPORT SIGNIFICANT PROJECTS. IN DECEMBER 2019, THE BOARD OF TRUSTEES APPROVED THE NEXT ITERATION OF THE PLAN ENTITLED "ADVANCING BOTHERED EXCELLENCE: A PLAN TO IMPLEMENT FORDHAM'S STRATEGIC PRIORITIES 2020-2025." CONSISTENT WITH THE SPIRIT OF CONTINUOUS PLANNING, THE TRUSTEES IN DECEMBER 2020 APPROVED THE MOST RECENT ITERATION OF THE STRATEGIC PLAN (EDUCATING FOR JUSTICE) REFLECTING THE IMPACT OF THE COVID-19 PANDEMIC AND RENEWED COMMITMENT TO ANTIRACISM ON INSTITUTIONAL PLANNING FOR THE 2020-2025 PERIOD. THROUGH THIS CONTINUOUS PLANNING PROCESS FORDHAM IS CONSTANTLY ATTUNED TO THE OPPORTUNITIES AND RISKS IN A RAPIDLY CHANGING ENVIRONMENT AND ABLE TO ADVANCE ITS MISSION AS THE JESUIT UNIVERSITY OF NEW YORK GUIDED CURRENTLY BY THE THREE PRIORITY AREAS IDENTIFIED IN EDUCATING FOR JUSTICE: - Educate students as global citizens and transformative leaders for justice in the innovation age - Excel across the natural and applied sciences and allied fields to promote social change and equity - Cultivate a diverse, equitable, inclusive, caring, and connected community that promotes each member's development as a whole person FORM 990, PART III, LINE 4A PROGRAM SERVICE ACCOMPLISHMENTS: FORDHAM UNIVERSITY IS AN INDEPENDENT, NOT-FOR-PROFIT, COEDUCATIONAL, INSTITUTION OF HIGHER LEARNING, IN THE JESUIT TRADITION. FORDHAM UNIVERSITY SERVES AND EDUCATES APPROXIMATELY 9,400 UNDERGRADUATE STUDENTS AND 7,000 GRADUATE AND PROFESSIONAL STUDENTS. THE UNIVERSITY AWARDS BACCALAUREATE, GRADUATE, AND PROFESSIONAL DEGREES TO STUDENTS FROM FORDHAM COLLEGE AT ROSE HILL, FORDHAM COLLEGE AT LINCOLN CENTER, THE GABELLI SCHOOL OF BUSINESS (UNDERGRADUATE AND GRADUATE), THE SCHOOL OF PROFESSIONAL AND CONTINUING STUDIES, THE GRADUATE SCHOOLS OF ARTS AND SCIENCES, EDUCATION, RELIGION AND RELIGIOUS EDUCATION, SOCIAL SERVICE, AND THE SCHOOL OF LAW. A SIGNIFICANT AMOUNT OF FINANCIAL ASSISTANCE IS PROVIDED TO ENABLE QUALIFIED STUDENTS TO STUDY AT THE UNIVERSITY. THE UNIVERSITY'S PRINCIPAL LOCATIONS INCLUDE RESIDENTIAL CAMPUSES IN THE BRONX AND MANHATTAN, A CAMPUS IN WEST HARRISON, NEW YORK, THE LOUIS CALDER CENTER BIOLOGICAL FIELD STATION IN ARMONK, NEW YORK, AND THE LONDON CENTRE IN THE UNITED KINGDOM. IN ADDITION TO THESE LOCATIONS, THE UNIVERSITY HOLDS A NUMBER OF AFFILIATIONS WITH HIGHER EDUCATION INSTITUTIONS ACROSS THE GLOBE, AND OFFERS ONLINE CLASSES AND ONLINE DEGREE PROGRAMS. FORM 990, PART VI, LINE 2 RELATIONSHIPS: FAMILY RELATIONSHIP - PETER STACE, OFFICER/SVP FOR ENROLLMENT & STRATEGY, HAS A FAMILY RELATIONSHIP WITH MARGARET BALL, OFFICER/GENERAL COUNSEL & SECRETARY OF THE UNIVERSITY. FORM 990, PART VI, LINE 11B FORM 990 REVIEW: THE OFFICE OF FINANCE WORKS CLOSELY WITH KPMG LLP, AS PAID PREPARER OF FORDHAM'S TAX-RELATED FILINGS, TO PREPARE THE FORM 990. ONCE PREPARED, THE FORM UNDERGOES A SERIES OF REVIEWS BY SENIOR FINANCIAL STAFF AND LEADERSHIP BEFORE SUBMISSION TO THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES FOR REVIEW AND APPROVAL. THE BOARD OF TRUSTEES HAS DELEGATED THE RESPONSIBILITY FOR REVIEWING THE RETURN TO THE EXECUTIVE COMMITTEE. FOLLOWING A FORMAL PRESENTATION TO THE EXECUTIVE COMMITTEE AND QUESTION AND COMMENT PERIOD, THE RETURN IS APPROVED AND A COPY OF THE FINAL DRAFT OF THE FORM 990 IS PROVIDED TO THE FULL BOARD OF TRUSTEES PRIOR TO ITS FILING. FORM 990, PART VI, LINE 12C CONFLICT OF INTEREST REVIEW: THE UNIVERSITY HAS A WRITTEN CONFLICT OF INTEREST POLICY COVERING ALL TRUSTEES, OFFICERS, AND EMPLOYEES THAT REQUIRES, AMONG OTHER THINGS, NO INDIVIDUAL MAY PARTICIPATE IN A DISCUSSION OR DECISION ON ANY MATTER IN WHICH HE OR SHE HAS A MATERIAL FINANCIAL INTEREST. ALL TRUSTEES, OFFICERS AND INDIVIDUALS WHO HAVE VARIOUS MANNERS OF SIGNING AUTHORITY ARE REQUIRED TO CERTIFY COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS AND TO INDICATE WHETHER THE UNIVERSITY DOES BUSINESS WITH AN ENTITY IN WHICH THEY HAVE A MATERIAL FINANCIAL INTEREST. WHEN SUCH RELATIONSHIPS EXIST, MEASURES ARE TAKEN TO MITIGATE ANY ACTUAL OR PERCEIVED CONFLICT, INCLUDING REQUIRING THAT SUCH TRANSACTIONS BE CONDUCTED AT ARM'S LENGTH, FOR GOOD AND SUFFICIENT CONSIDERATION, BASED ON TERMS THAT ARE FAIR AND REASONABLE TO AND FOR THE BENEFIT OF THE UNIVERSITY. FORM 990, PART VI, LINE 15A & 15B COMPENSATION REVIEW: COMPENSATION FOR THE UNIVERSITY'S PRESIDENT IS REVIEWED ON A REGULAR BASIS BY A COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES USING SALARY DATA FROM SIMILAR INSTITUTIONS. ONCE DETERMINED, THE PRESIDENT'S PROPOSED COMPENSATION IS SUBMITTED FIRST TO THE EXECUTIVE COMMITTEE, WHICH CONSISTS OF INDEPENDENT BOARD MEMBERS, THEN TO THE FULL BOARD OF TRUSTEES, FOR REVIEW AND ACCEPTANCE. THE MOST RECENT REVIEW OCCURRED SEPTEMBER 24, 2020. COMPENSATION FOR OTHER UNIVERSITY OFFICERS IS ESTABLISHED USING SALARY BENCHMARKING DATA, AS WELL AS REVIEWS OF COMPENSATION DATA INCLUDED IN PUBLIC FILINGS OF COMPARABLE INSTITUTIONS. COMPENSATION LEVELS ARE REVIEWED AND ACCEPTED BY THE BOARD OF TRUSTEES BASED ON A REVIEW OF KEY DOCUMENTS, FILINGS, AND DISCUSSIONS REGARDING EMPLOYEE PERFORMANCE. PROCESS OF DETERMINING COMPENSATION IS CONDUCTED IN EXECUTIVE SESSION OF THE BOARD OF TRUSTEES MEETINGS IN ORDER TO PRESERVE CONFIDENTIALITY. COMPENSATION LEVELS THAT ARE AUTHORIZED AS A RESULT OF THIS PROCESS ARE DOCUMENTED. FORM 990, PART VI, LINE 19 DOCUMENT AVAILABILITY: FORDHAM UNIVERSITY'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND AUDITED FINANCIAL STATEMENTS ARE CURRENTLY AVAILABLE ON THE UNIVERSITY'S WEBSITE. FORM 990, PART X RECLASSIFICATIONS: CERTAIN RECLASSIFICATIONS OF PRIOR YEAR AMOUNTS HAVE BEEN MADE TO CONFORM TO THE CURRENT YEAR PRESENTATION. FORM 990, PART XI, LINE 9 OTHER CHANGES IN NET ASSETS: CHANGE IN FAIR VALUE OF INTEREST RATE SWAP 3,450,377 CHANGE IN POST RETIREMENT HEALTH BENEFIT OBLIGATION OTHER THAN NET PERIODIC BENEFIT COST 7,274,000 NET PERIODIC BENEFIT COST OTHER THAN SERVICE COST (1,804,000) CHANGE IN FAIR VALUE OF PERPETUAL TRUST 2,045,571 LONDON PGM EXP & CURRENCY ADJ (735,537) ARTWORK RETURNED (1,320,200) PROVISION FOR VOLUNTARY SEPARATION BENEFITS (3,470,314) CHANGE IN LONDON NET ASSETS (66,835) CHANGE IN LONDON CASH 194,048 ------------- TOTAL TO FORM 990, PART XI, LINE 9 5,567,110 FORDHAM AIRVANA HOLDINGS LLC 888 SEVENTH AVE 7TH FLOOR NEW YORK NY 10019 131740451 HOLDING CO. NY 0 FORDHAM U FORDHAM WATERFRONT HOLDINGS LLC 3341 COUNTRY CLUB ROAD BRONX NY 10465 HOLDING CO. NY 2700000 FORDHAM U FORDHAM UNIVERSITY (USA) UK PROGRAM LTD 15 ST BOTOLPH STREET EC3A 7NJ LONDON UK EC3A 7NJ EDUCATION UK FORDHAM U true FORDHAM UNIVERSITY UK CHARITABLE TRUST 15 ST BOTOLPH STREET EC3A 7NJ LONDON UK EC3A 7NJ EDUCATION UK FORDHAM U true CHARITABLE REMAINDER TRUST (1) (OH) INVESTMENT OH NA Trust true CHARITABLE REMAINDER TRUST (10) (NY) INVESTMENT NY NA Trust true false false false false false false false false false false false false false false false false true false FORDHAM UNIVERSITY UK CHARITABLE TRUST R 811460 COST